August 28: Panchakanya Group has organised blood donation program on the occasion of 'Panchakanya Diwas 2073' as a part of its corporate social responsibility. The company organised the program with the collaboration of Nepal Red cross Society and Central Blood Transfusion…
August 26: The World Bank today approved a credit of USD 55 million for Nepal to scale up its Road Sector Development Program (RSDP) and address post-earthquake reconstruction…
August 26: Nepal Telecom (NT) has obtained the maximum number of recommendations for the import of telecommunication devices during the FY 2072/73. Nepal Telecommunication Authority (NTA) has recommended Rs 2.50 billion above to NT for the import of devices. NT had received Rs 2.58 billion worth of…
August 26: Soaltee Crown Plaza is organising ‘Uttar Dakshin Food festival’ at Kakori restaurant for the third time. Issuing a press statement, the organiser informed…
August 26: : Jagadamba Cement has announced ‘Jagadamba Cement Ko Saugat, Khaali Hunna Haat’ scheme on the occasion of upcoming festive season. Issuing a…
August 25: The long pending auction trading might soon start in the sole stock market of the country as demanded by stakeholders. In this regard, Nepal Stock Exchange (NEPSE) has forwarded its draft…
August 25: Jagdamba Steels, a flagship company of Shanker Group, has launched its new product ‘Rhino Steel Rebar in Fe 500D grade’ in the Nepali market. Issuing a press statement, the company informed that the newly launched Rhino 500D is a new generation high-strength and ductile ribbed reinforcement bar. It is different…
August 25: National Co-operative Bank has earned Rs 229.5 million profit in the FY 2072/73. The bank had earned Rs 179 million profit in the previous FY. With the…
August 25: Pachimanchal Finance Company has decided to provide 15 percent bonus share to its shareholders. The decision is taken by the 20th annual general meeting of the company at…
August 25: ICRA Nepal has granted Grade 3 rating to the IPO to be issued by United Modi Hydropower. The grade 3 rating indicates weak fundamentals aspects of the company. United Modi will…
August 25: The banking sector of the country has expanded in higher rate in the last FY contradicting with a sluggish economy. It is apparent from the increased size of the deposits collected by commercial banks that also indicates the overall structure of the banking system. During the last FY, the…
August 24: Mahindra Two Wheelers announced of unveiling a new 300cc motorcycle in Nepal. Issuing a press statement, it has been informed that the motorcycle is a flagship model of the Mahindra which has a unique and a sharp impactful design, with which Mahindra Two Wheelers aims to create a distinct identity for the premium motorcycle brand in Nepal. According to…
August 24: Dell has launched two new laptops under its Inspiron series in Nepali market. The product was launched by Ahad Haq, Country Manager, Rest of Asia Pacific (ROAP) and country representatives amid a program held at Hotel Annapurna on August 24. The newly launched devices are Inspiron 13 5000 2-in-1 and…
August 24: Prabhu bank has started providing education loans against academic certificates to engineering students of Kathmandu Engineering College (KEC). Ashok Sherchan, Chief Executive Officer of the Prabhu Bank and Rajendra Shakya, Managing Director of the Kathmandu engineering College signed the agreement on…
August 24: Galaxy Public School has been qualified for the final competition of 8th regional 'Real School of Nepal 2016' held in…
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The company organised the program with the collaboration of Nepal Red cross Society and Central Blood Transfusion Service.', 'content' => '<p style="text-align: justify;">August 28: Panchakanya Group has organised blood donation program on the occasion of 'Panchakanya Diwas 2073' as a part of its corporate social responsibility. The company organised the program with the collaboration of Nepal Red cross Society and Central Blood Transfusion Service.</p> <p style="text-align: justify;"><br /> According to the organiser, 44 people including directors and employees of the group donated their blood in the program. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-08-28', 'modified' => '2016-08-28', 'keywords' => '', 'description' => '', 'sortorder' => '4105', 'image' => '20160828112526_bd.jpg', 'article_date' => '2016-08-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4271', 'article_category_id' => '1', 'title' => 'WB's USD 55mn for Strengthening Strategic Roads and Bridges', 'sub_title' => '', 'summary' => 'August 26: The World Bank today approved a credit of USD 55 million for Nepal to scale up its Road Sector Development Program (RSDP) and address post-earthquake reconstruction needs.', 'content' => '<p>August 26: The World Bank today approved a credit of USD 55 million for Nepal to scale up its Road Sector Development Program (RSDP) and address post-earthquake reconstruction needs. Issuing a press statement the bank said that the loan includes the strengthening of the country’s strategic road and bridge networks to withstand future seismic and climate vulnerabilities. </p> <p>The additional financing will top up World Bank support to the RSDP which has been ongoing since 2008. “When it began, the project intended to provide residents in10 beneficiary districts, including the poorest,in the mid-western and far-western regions of Nepal with all-season road connectivity, reduced travel time, and improvements in access to economic centers and social services,” reads the statement. As per the bank, 25 more districts stand to benefit from the maintenance of earthquake-affected bridges with the additional financing. The original 10 district will also continue to benefit from road upgrading, slope stabilization and bridge works.</p> <p>“The Road Sector Development Project has been the cornerstone of our support to Nepal’s strategic roads network for nearly a decade,” said Takuya Kamata, World Bank Country Manager for Nepal. “While the primary focus has been to develop connectivity in the poorest and remotest regions of the country, the 2015 earthquakes highlighted the need to improve the resilience of key roads and bridges to future natural shocks.”</p> <p>RSDP currently serves a population of two million in 10 districts in the mid-western and far-western regions of Nepal. The project will serve another 10.2 million Nepalis following the maintenance of earthquake affected bridges in the 25 additional districts. The bridges that will undergo maintenance in these districts provide connectivity along the Birgunj-Narayanghat-Mugling-Kathmandu corridor which carries the vast majority of freight into and out of Kathmandu and Pokhara. This corridor is among Nepal’s most vital infrastructure assets for supporting economic growth and development.</p> <p>“Nepal’s hills and mountains are susceptible to extreme precipitation, earthquake, and landslides that can result in severed connectivity, loss of life, and damage to property,” said Farhad Ahmed, Task Team Leader for the project. “Robust construction, better maintenance and improvements in the capacity to respond will help Nepal adapt to unforeseen events.”</p> <p> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-28', 'keywords' => '', 'description' => '', 'sortorder' => '4104', 'image' => '20160826061916_logo_worldbank.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4270', 'article_category_id' => '1', 'title' => 'NT Importing Telecom Devices worth Rs 2.5 Billion', 'sub_title' => '', 'summary' => 'August 26: Nepal Telecom (NT) has obtained the maximum number of recommendations for the import of telecommunication devices during the FY 2072/73. Nepal Telecommunication Authority (NTA) has recommended Rs 2.50 billion above to NT for the import of devices. NT had received Rs 2.58 billion worth of recomme', 'content' => '<p style="text-align: justify;">August 26: Nepal Telecom (NT) has obtained the maximum number of recommendations for the import of telecommunication devices during the FY 2072/73. Nepal Telecommunication Authority (NTA) has recommended Rs 2.50 billion above to NT for the import of devices. NT had received Rs 2.58 billion worth of recommendations for the same purpose during the last FY. The amount is 91 percent of the total amount provided to import telecom devices.</p> <p style="text-align: justify;">NTA provides recommendations for importing devices to telecom service providers in a bid to operate, expand and improve their services. Such recommendations are provided by NTA to Nepal Rastra Bank through Ministry of Information and Communication. NTA has provided recommendations worth Rs 2.832 billion to import telecommunication devices which is nearly Rs 1 billion less than the previous FY. During the FY 2071/72, NTA had provided recommendation worth Rs 3.820 billion for the import of devices. In the last FY, six different companies including NT, Ncell and UTL obtained the recommendations to import the telecom devices.</p> <p style="text-align: justify;">Although, the regulator recommends billions for the import of telecommunication devices, it is indefinite that the devices have been imported. NTA has not been able to inspect the imported devices by the telecom companies other than NT. According to Achyutananda Mishra, Assistant Spokesperson of the NTA, it lacks required manpower for inspection. </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4103', 'image' => '20160826020043_ntc.JPG', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4269', 'article_category_id' => '1', 'title' => 'Uttar Dakshin Food Festival at Soaltee Crowne Plaza', 'sub_title' => '', 'summary' => 'August 26: Soaltee Crown Plaza is organising ‘Uttar Dakshin Food festival’ at Kakori restaurant for the third time. Issuing a press statement, the organiser informed th', 'content' => '<p style="text-align:justify">August 26: Soaltee Crown Plaza is organising ‘Uttar Dakshin Food festival’ at Kakori restaurant for the third time. Issuing a press statement, the organiser informed that H.E. Shri Ranjit Rae, Indian Ambassador to Nepal inaugurated the “Uttar Dakshin Food festival” at Kakori restaurant, Soaltee Crowne Plaza by lighting the traditional lamp, Panas, on August 14. </p> <p style="text-align:justify"><br /> During the ceremony, Prabhakar SJB Rana, Chairman of Emeritus along with Upaul Majumdar, General Manager gave some insights about the Uttar & Dakshin food cuisines and the details about the festival. The guest list included Vinay Kumar, DCM of Indian Embassy, Her E. W.S. Perera, Srilankan Ambassador to Nepal and top corporate clients from the business industry.</p> <p style="text-align:justify"><br /> According to the organiser, the Uttar Dakshin Food festival will continue every day for the next two weeks. </p> <p style="text-align:justify"><br /> “The exciting range of gastronomic dares from beverages, starters, main course to desserts, all hail from the Northern and Southern regions of India where we have our own culinary ways that have been curetted and refined to modern perfection for countless generations. This festival showcases favourites from Punjab, Chandrigarh, Uttrakhand, Haryana, Uttar Pradesh & Kashmir from North & Tamil Nadu, Karnataka, Kerala and Andhra Pradesh from South, in a unique elaborative menu,” reads the statement. </p> <p style="text-align:justify"><br /> Food lovers can choose from a variety of delicacies coupled with Parathas and variety of Daals vegetables with yoghurt paneer (cottage cheese) and pickles, forming the main item on the North Indian menu in the Uttar Dakshin Food festival. Similarly, the North Indian menu provides a delight for a vegetarian who often claim to not having many option to choose from at restaurant. But for those hardcore non-vegetarians, the festival offers elaborative menu suggesting scrumptious offering of Lamb. Customers can choose Aalo Methi Pudhina Sangam, baby potatoes tempered with fenugreek, mint and roasted spices along with varieties of daals. For desserts, they will be serving wide range of sweets, namely Gulab Jamun, Peetha, Parippu Pradaman, Rewdi and Kulfi among others.<br /> Fans of Dosai, Appam, Parathas, Sambhar and varieties of Biryanis like Tomato rice, curd rice and sambar rice can choose from the south Indian menu which contains foods with brilliant blend of flavors colors, seasonal, nutritional balance, fragrance, and visual appeal. Also chutneys from the south, made out of ingredients including tomato, rice, tamarind and peanuts, are very popular.</p> <p style="text-align:justify"><br /> The four-course a la carte menu comprising wide ranges from soup, starters, main course and desserts, with the perfect amalgamation of fundamental ingredients and cooking techniques delivering authentic Indian style and flavor. From Attu Kari Melagu Fry (Mutton Chunks Smoked dry with black pepper and spices), Vembanandan Konju Masala (Fresh water Prawn cooked in mild coconut broth), Avial (seasonal vegetable cooked in cumin and coconut paste, there are many more exotic dishes to choose from. </p> <p style="text-align:justify"><br /> “Continuing the tradition of giving its guest a delicious treat of north and South Indian delicacies, the Uttar Dakshin Food Festival will continue for two weeks,” informs the organiser. <br /> .</p> <p> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4102', 'image' => '20160826124031_solatee.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4268', 'article_category_id' => '1', 'title' => 'Jagadamba Cement's Festive Scheme', 'sub_title' => '', 'summary' => 'August 26: : Jagadamba Cement has announced ‘Jagadamba Cement Ko Saugat, Khaali Hunna Haat’ scheme on the occasion of upcoming festive season. Issuing a pre', 'content' => '<p style="text-align:justify">August 26: : Jagadamba Cement has announced ‘Jagadamba Cement Ko Saugat, Khaali Hunna Haat’ scheme targeting the upcoming festive season. <br /> Issuing a press statement, the company informed that customers will receive a scratch coupon on purchase of every 50 sacks of Jagadamba cement under the scheme. </p> <p style="text-align:justify"><br /> Moreover , customers will get chance to win various prizes including motorcycle, iPhone, iPad, TV, refrigerator, vacuum cleaner, microwave oven, rice cooker, fan, iron, watch and cash prizes. “Every coupon is guaranteed to include a prize,” reads the statement.</p> <p> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4101', 'image' => '20160826111937_jag.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4267', 'article_category_id' => '1', 'title' => 'NEPSE Forwards Auction Trading Draft to SEBON ', 'sub_title' => '', 'summary' => 'August 25: The long pending auction trading might soon start in the sole stock market of the country as demanded by stakeholders. In this regard, Nepal Stock Exchange (NEPSE) has forwarded its draft o', 'content' => '<p style="text-align:justify">August 25: The long pending auction trading might soon start in the sole stock market of the country as demanded by stakeholders. In this regard, Nepal Stock Exchange (NEPSE) has forwarded its draft on auction-trading to the Securities Board of Nepal (SEBON) for approval on Tuesday, August 23. </p> <p style="text-align:justify">NEPSE informed that the legal door for auction trading will opened after SEBON approves the draft. “The draft has been formulated in order to provide assurance to the investors on clearing and settlements of share transactions,” said NEPSE. Under the action trading, share broker companies can trade shares from auction market if demand and supply in the share market get imbalanced. Particularly, if the supply of shares falls short to the demand in the stock market then, brokers can meet the demand through auction bidding from auction market. </p> <p style="text-align:justify"><br /> Similarly, NEPSE has also prepared trade guarantee fund by laws that was demanded by the general investors since long period. NEPSE informed that the fund is being formulated in a bid to allow clearing and settlement process even when the buyers fail to meet their obligation of payments. However, as the draft for fund operation has not been prepared till date, member brokers will have to wait some time to utilise the fund. “The fund could be established and operated only after the board approves the bylaws and required work plan is formulated,” said a broker. </p> <p style="text-align:justify"><br /> Likewise, NEPSE has also forwarded securities listing bylaws to the SEBON on Tuesday. According to the NEPSE, it has formulated the new version of securities listing bylaws in a bid to make it updated with the time. NEPSE claims that the implementation of the draft and bylaws after approval will further ease and effectual the Nepali stock market. </p> <p> </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4100', 'image' => '20160825042109_auction trading final.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4266', 'article_category_id' => '1', 'title' => 'Shanker Group Launches Rhino 500 D in the Market', 'sub_title' => '', 'summary' => 'August 25: Jagdamba Steels, a flagship company of Shanker Group, has launched its new product ‘Rhino Steel Rebar in Fe 500D grade’ in the Nepali market. Issuing a press statement, the company informed that the newly launched Rhino 500D is a new generation high-strength and ductile ribbed reinforcement bar. It is different fro', 'content' => '<p style="text-align:justify">August 25: Jagdamba Steels, a flagship company of Shanker Group, has launched its new product ‘Rhino Steel Rebar in Fe 500D grade’ in the Nepali market. Issuing a press statement, the company informed that the newly launched Rhino 500D is a new generation high-strength and ductile ribbed reinforcement bar. It is different from other normal rebars in its method of manufacturing, combination of both physical and chemical properties.</p> <p style="text-align:justify">According to the statement, Rhino Steel Rebar in grade Fe 500D comes with a combined restriction of impurities like sulphur and phosphorous to a maximum of 0.075 per cent, which ensures higher strength and ductility in the rebar.</p> <p style="text-align:justify">“Jagadamba Steel has introduced Rhino 500D high ductile steel rebar to cater to the big challenge of safe and earthquake-resistant construction,” said Shahil Agrawal, Managing Director of the Shankar Group at the launching program. “With the higher ductility and strength, Rhino 500D Rebar is ideally suitable for application in Nepal, considering the high seismic risk potential. It is highly recommended for applications in construction ranging from small individual houses to large infrastructure projects and is ideally suitable for high-rise buildings, bridges, flyovers and dams, foundation of wind turbines, industrial structures, concrete roads, underground structures such as tunnels, and thermal and hydroelectric power stations,” informed the company.</p> <p style="text-align:justify">The company claims that raw materials are imported exclusively from world class steel companies like Tata Steel, Jindal Steel, IISCO and SAIL to ensure high quality of the products.</p> <p style="text-align:justify">Rhino 500D Rebars are available in sizes of 8mm and up to 32mm through exclusive retail points. It will also be available in 36mm and 40mm as per customary or project requirements. “Each rebar is supplied in a fixed length of 12 metres to ensure standard processing and thereby causing less wastage during fabrication. All the products from Jagadamba Steels are manufactured in state-of-the-art automated plants with a prime focus on maintaining the highest standards in quality and make. For this, the company follows a stringent three-level process of controlled raw materials, controlled production process and controlled parameters,” reads the statement.</p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4099', 'image' => '20160825025009_jagadamba_DSC3282.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4265', 'article_category_id' => '1', 'title' => 'National Co-operative Bank Earns Profit of Rs 220 million', 'sub_title' => '', 'summary' => 'August 25: National Co-operative Bank has earned Rs 229.5 million profit in the FY 2072/73. The bank had earned Rs 179 million profit in the previous FY. With the paid-u', 'content' => '<p>August 25: National Co-operative Bank has earned Rs 229.5 million profit in the FY 2072/73. The bank had earned Rs 179 million profit in the previous FY. With the paid-up capital of Rs 768.2 million, the bank has collected Rs 11.83 billion deposit and extended loans of Rs 7.63 billion. The bank has Rs 223.5 million in its reserve fund. Presently, the bank is providing its services through 37 branches to the customers of 75 districts. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4098', 'image' => '20160825013010_rasriya.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4264', 'article_category_id' => '1', 'title' => 'Pachimanchal Finance to Provide 15 % Bonus Share', 'sub_title' => '', 'summary' => 'August 25: Pachimanchal Finance Company has decided to provide 15 percent bonus share to its shareholders. The decision is taken by the 20th annual general meeting of the company at Rupandeh', 'content' => '<p>August 25: Pachimanchal Finance Company has decided to provide 15 percent bonus share to its shareholders. The decision is taken by the 20<sup>th</sup> annual general meeting of the company at Rupandehi. After the bonus share distribution, the paid-up capital of the company will reach Rs 309.03 million.</p> <p>In the AGM, Gopal Bahadur Pokharel, Chairman of the BOD of the Finance presented the annual report of the company. The company succeeded to earn Rs 441.5 million operating profit in the FY 2071/72. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4097', 'image' => '20160825010518_pachi.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4263', 'article_category_id' => '1', 'title' => 'United Modi’s IPO Receives ICRA 3 Rating ', 'sub_title' => '', 'summary' => 'August 25: ICRA Nepal has granted Grade 3 rating to the IPO to be issued by United Modi Hydropower. The grade 3 rating indicates weak fundamentals aspects of the company. United Modi will issue', 'content' => '<p style="text-align:justify">August 25: ICRA Nepal has granted Grade 3 rating to the IPO to be issued by United Modi Hydropower. The grade 3 rating indicates weak fundamentals aspects of the company.</p> <p style="text-align:justify">United Modi will issue 2,875,000 units of general shares to the public priced at Rs 100. Among the total numbers of shares, the company has allocated 1,150,000 shares to the locals of affected areas. Remaining 1,725,000 units of shares will be issue for general investors. NIBL Capital Market has been appointed as issue manager by the company. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4096', 'image' => '20160825123216_UNITED MODI.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4262', 'article_category_id' => '1', 'title' => 'Deposit of Commercial Banks Increase 23%', 'sub_title' => '', 'summary' => 'August 25: The banking sector of the country has expanded in higher rate in the last FY contradicting with a sluggish economy. It is apparent from the increased size of the deposits collected by commercial banks that also indicates the overall structure of the banking system. During the last FY, the comm', 'content' => '<p>August 25: The banking sector of the country has expanded in higher rate in the last FY contradicting with a sluggish economy. It is apparent from the increased size of the deposits collected by commercial banks that also indicates the overall structure of the banking system. During the last FY, the commercial banks has collected 23 percent more deposit compared to the previous FY whereas the country’s economic growth rate has contracted to below 1 percent. </p> <p>The total deposits collected by the commercial banks during the previous FY 2071/72 were Rs 1454 billion which has increased to Rs 1789 billion in the last FY. Such deposits have increased by 9.5 percent after mid-April only. By the mid-April, the commercial banks had collected total deposit of Rs 1633 billion.</p> <p> <br /> The deposit collections of the commercial banks have increased significantly after the devastating earthquake of the last year. The banks had launched various schemes attracting the depositors during the period. Moreover, customers deposited their savings in the bank due to security reasons after the earthquake. Furthermore, increase in deposits of the banks is also attributed to the narrow investable sector in the economy. </p> <p><br /> However, analyst opined that the bank deposits have diverted to the bullish share market of the recent time.</p> <p><br /> In the last FY, government owned Rastriya Banijya Bank has collected the highest amount as deposits of Rs 146 billion which is 17.70 percent increase than the previous FY. During the previous FY, the bank had collected Rs 124 billion deposit. Similarly, Nabil Bank comes second with Rs 110 billion deposits collection which is 5.78 percent growth compared to the previous FY. </p> <p><br /> Although Rastriya Banijya Bank has collected more deposit in terms of amount, NMB bank has logged the highest growth. During the period, the bank increased its deposit collection by 76 percent to Rs 64.78 billion.</p> <p><br /> Meanwhile, Janata Bank comes at the bottom in terms of deposit collection. The bank has collected Rs 24.06 billion total deposits. </p> <p> </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4095', 'image' => '20160826105906_naba.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4261', 'article_category_id' => '1', 'title' => 'Mahindra Unveiling Premium Motorcycle in NADA Auto Show', 'sub_title' => '', 'summary' => 'August 24: Mahindra Two Wheelers announced of unveiling a new 300cc motorcycle in Nepal. Issuing a press statement, it has been informed that the motorcycle is a flagship model of the Mahindra which has a unique and a sharp impactful design, with which Mahindra Two Wheelers aims to create a distinct identity for the premium motorcycle brand in Nepal. According to ', 'content' => '<p>August 24: Mahindra Two Wheelers announced of unveiling a new 300cc motorcycle in Nepal. Issuing a press statement, it has been informed that the motorcycle is a flagship model of the Mahindra which has a unique and a sharp impactful design, with which Mahindra Two Wheelers aims to create a distinct identity for the premium motorcycle brand in Nepal.</p> <p>According to the statement, the bike will be launched in Nepal during the NADA Auto Show and is set to be the first ever international launch accomplished through NADA Auto Show. “Seasoned riders and Bike-experts, Sarath Shenoy and Daniel Derrick, will be riding all the way from Pune to Nepal on this bike, after being flagged off by Mr. P.S. Ashok (Senior Vice-President, R & D) on 23rd August. They will reach Kathmandu on 29th August, 2016 after travelling through the checkpoints at Indore, Jhansi, Lucknow, Gorakhpur and Narayanghat, thereby covering a total distance 1200Kms (approx),” reads the statement.</p> <p>The company informed that the bike was designed after extensive research into the needs and requirements of new age motorcycle enthusiasts. The bike amalgamates Mahindra’s bold predator styling and unparalleled performance along with other factors such as being bold, tough and masculine. Mahindra believes the bike will appeal to motorcycle enthusiasts in Nepal as it will be seen as an extension of their personality. </p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4094', 'image' => '20160824052507_mojo.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4260', 'article_category_id' => '1', 'title' => 'New Dell Inspiron Series Unveiled', 'sub_title' => '', 'summary' => 'August 24: Dell has launched two new laptops under its Inspiron series in Nepali market. The product was launched by Ahad Haq, Country Manager, Rest of Asia Pacific (ROAP) and country representatives amid a program held at Hotel Annapurna on August 24. The newly launched devices are Inspiron 13 5000 2-in-1 and Ins', 'content' => '<p style="text-align:justify">August 24: Dell has launched two new laptops under its Inspiron series in Nepali market. The product was launched by Ahad Haq, Country Manager, Rest of Asia Pacific (ROAP) and country representatives amid a program held at Hotel Annapurna on August 24. The newly launched devices are Inspiron 13 5000 2-in-1 and Inspiron 15 5000 laptop.</p> <p style="text-align:justify">“The new devices are available with a wide range of processor options and configurable features, enabling students, families and users looking for great value to connect, learn and achieve more,” informs the company in a press statement. “With our new Inspiron devices, customers can work where they need to and play when they want to,” said Haq. “Our customers inspire us and we keep on innovating for them,” he added.</p> <p style="text-align:justify">Inspiron 13 5000 2-in-1 comes with SSDs, backlight keyboard and infrared camera. It sports up to 16 GB of dual channel DDR4 memory; FHD display and True-life LED-backlit touch display. Similarly, Inspiron 15 5000 boasts beautiful design with brilliant color. It comes with vibrant display suitable for families sharing PC, optional infrared camera (available on the 15’’ FHD touch Intel/AMD models) with Windows Hello feature. For scalability and storage, a DVD drive and optional Blu-ray writer can be added.</p> <p style="text-align:justify">The new products will be available in the market within 7-8 weeks. We are working closely to fix the prices of the devices and will annouce very soon, said a company representative.</p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4093', 'image' => '20160824044655_dell.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4259', 'article_category_id' => '1', 'title' => 'Prabhu Bank to Provide Loan Against Academic Certificate', 'sub_title' => '', 'summary' => 'August 24: Prabhu bank has started providing education loans against academic certificates to engineering students of Kathmandu Engineering College (KEC). Ashok Sherchan, Chief Executive Officer of the Prabhu Bank and Rajendra Shakya, Managing Director of the Kathmandu engineering College signed the agreement on be', 'content' => '<p style="text-align:justify">August 24: Prabhu bank has started providing education loans against academic certificates to engineering students of Kathmandu Engineering College (KEC). Ashok Sherchan, Chief Executive Officer of the Prabhu Bank and Rajendra Shakya, Managing Director of the Kathmandu engineering College signed the agreement on behalf of their respective organisations. As per the agreement, the bank will lend up to Rs 300,000 to the students studying Bachelor of Engineering (BE) programme in KEC. The students who are interested to take loans against their certificates should submit the actual certificates from the School Leaving Certificate to the higher levels to the bank. Similarly, the loan has to be cleared within 4 years as per the loan repayment schedule provided by the bank. After clearing the loans, the students can get back their certificates.</p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4092', 'image' => '20160824043925_prabhu.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4258', 'article_category_id' => '1', 'title' => 'Galaxy Public School in 'Real School of Nepal' Finals', 'sub_title' => '', 'summary' => 'August 24: Galaxy Public School has been qualified for the final competition of 8th regional 'Real School of Nepal 2016' held in Kathmandu.', 'content' => '<p style="text-align:justify">August 24: Galaxy Public School has been qualified for the final competition of 8th regional 'Real School of Nepal 2016' held in Kathmandu.</p> <p style="text-align:justify">The competition was organised by dividing the students into junior and senior categories. In the senior section, Simon Adhikari of Vidhya Sanskar Higher Secondary School bagged the winner in extempore contest. Meanwhile, Sararthath Neupane of Kathmandu International School and Sidhhartha Bhandari of Galaxy school won dance competition and football juggling contest respectively.</p> <p style="text-align:justify">Likewise, in junior section Sudha Poudel belonging to Nepal Police H.S. School bagged the winner in painting competition. Meanwhile, Kiran Tamang of Reliance International Academy and Abhaya Rai of Sewa Sadan English School won 'Three minute to fame' and score the real goal contest respectively, reads the press statement.</p> <p style="text-align:justify">According to the press statement, another regional final under Kathmandu region will be held on Monday, August 29. </p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4091', 'image' => '20160824013621_dabur nepal.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4272', 'article_category_id' => '1', 'title' => 'Panchakanya Group Organises Blood Donation Program', 'sub_title' => '', 'summary' => 'August 28: Panchakanya Group has organised blood donation program on the occasion of 'Panchakanya Diwas 2073' as a part of its corporate social responsibility. The company organised the program with the collaboration of Nepal Red cross Society and Central Blood Transfusion Service.', 'content' => '<p style="text-align: justify;">August 28: Panchakanya Group has organised blood donation program on the occasion of 'Panchakanya Diwas 2073' as a part of its corporate social responsibility. The company organised the program with the collaboration of Nepal Red cross Society and Central Blood Transfusion Service.</p> <p style="text-align: justify;"><br /> According to the organiser, 44 people including directors and employees of the group donated their blood in the program. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-08-28', 'modified' => '2016-08-28', 'keywords' => '', 'description' => '', 'sortorder' => '4105', 'image' => '20160828112526_bd.jpg', 'article_date' => '2016-08-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4271', 'article_category_id' => '1', 'title' => 'WB's USD 55mn for Strengthening Strategic Roads and Bridges', 'sub_title' => '', 'summary' => 'August 26: The World Bank today approved a credit of USD 55 million for Nepal to scale up its Road Sector Development Program (RSDP) and address post-earthquake reconstruction needs.', 'content' => '<p>August 26: The World Bank today approved a credit of USD 55 million for Nepal to scale up its Road Sector Development Program (RSDP) and address post-earthquake reconstruction needs. Issuing a press statement the bank said that the loan includes the strengthening of the country’s strategic road and bridge networks to withstand future seismic and climate vulnerabilities. </p> <p>The additional financing will top up World Bank support to the RSDP which has been ongoing since 2008. “When it began, the project intended to provide residents in10 beneficiary districts, including the poorest,in the mid-western and far-western regions of Nepal with all-season road connectivity, reduced travel time, and improvements in access to economic centers and social services,” reads the statement. As per the bank, 25 more districts stand to benefit from the maintenance of earthquake-affected bridges with the additional financing. The original 10 district will also continue to benefit from road upgrading, slope stabilization and bridge works.</p> <p>“The Road Sector Development Project has been the cornerstone of our support to Nepal’s strategic roads network for nearly a decade,” said Takuya Kamata, World Bank Country Manager for Nepal. “While the primary focus has been to develop connectivity in the poorest and remotest regions of the country, the 2015 earthquakes highlighted the need to improve the resilience of key roads and bridges to future natural shocks.”</p> <p>RSDP currently serves a population of two million in 10 districts in the mid-western and far-western regions of Nepal. The project will serve another 10.2 million Nepalis following the maintenance of earthquake affected bridges in the 25 additional districts. The bridges that will undergo maintenance in these districts provide connectivity along the Birgunj-Narayanghat-Mugling-Kathmandu corridor which carries the vast majority of freight into and out of Kathmandu and Pokhara. This corridor is among Nepal’s most vital infrastructure assets for supporting economic growth and development.</p> <p>“Nepal’s hills and mountains are susceptible to extreme precipitation, earthquake, and landslides that can result in severed connectivity, loss of life, and damage to property,” said Farhad Ahmed, Task Team Leader for the project. “Robust construction, better maintenance and improvements in the capacity to respond will help Nepal adapt to unforeseen events.”</p> <p> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-28', 'keywords' => '', 'description' => '', 'sortorder' => '4104', 'image' => '20160826061916_logo_worldbank.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4270', 'article_category_id' => '1', 'title' => 'NT Importing Telecom Devices worth Rs 2.5 Billion', 'sub_title' => '', 'summary' => 'August 26: Nepal Telecom (NT) has obtained the maximum number of recommendations for the import of telecommunication devices during the FY 2072/73. Nepal Telecommunication Authority (NTA) has recommended Rs 2.50 billion above to NT for the import of devices. NT had received Rs 2.58 billion worth of recomme', 'content' => '<p style="text-align: justify;">August 26: Nepal Telecom (NT) has obtained the maximum number of recommendations for the import of telecommunication devices during the FY 2072/73. Nepal Telecommunication Authority (NTA) has recommended Rs 2.50 billion above to NT for the import of devices. NT had received Rs 2.58 billion worth of recommendations for the same purpose during the last FY. The amount is 91 percent of the total amount provided to import telecom devices.</p> <p style="text-align: justify;">NTA provides recommendations for importing devices to telecom service providers in a bid to operate, expand and improve their services. Such recommendations are provided by NTA to Nepal Rastra Bank through Ministry of Information and Communication. NTA has provided recommendations worth Rs 2.832 billion to import telecommunication devices which is nearly Rs 1 billion less than the previous FY. During the FY 2071/72, NTA had provided recommendation worth Rs 3.820 billion for the import of devices. In the last FY, six different companies including NT, Ncell and UTL obtained the recommendations to import the telecom devices.</p> <p style="text-align: justify;">Although, the regulator recommends billions for the import of telecommunication devices, it is indefinite that the devices have been imported. NTA has not been able to inspect the imported devices by the telecom companies other than NT. According to Achyutananda Mishra, Assistant Spokesperson of the NTA, it lacks required manpower for inspection. </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4103', 'image' => '20160826020043_ntc.JPG', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4269', 'article_category_id' => '1', 'title' => 'Uttar Dakshin Food Festival at Soaltee Crowne Plaza', 'sub_title' => '', 'summary' => 'August 26: Soaltee Crown Plaza is organising ‘Uttar Dakshin Food festival’ at Kakori restaurant for the third time. Issuing a press statement, the organiser informed th', 'content' => '<p style="text-align:justify">August 26: Soaltee Crown Plaza is organising ‘Uttar Dakshin Food festival’ at Kakori restaurant for the third time. Issuing a press statement, the organiser informed that H.E. Shri Ranjit Rae, Indian Ambassador to Nepal inaugurated the “Uttar Dakshin Food festival” at Kakori restaurant, Soaltee Crowne Plaza by lighting the traditional lamp, Panas, on August 14. </p> <p style="text-align:justify"><br /> During the ceremony, Prabhakar SJB Rana, Chairman of Emeritus along with Upaul Majumdar, General Manager gave some insights about the Uttar & Dakshin food cuisines and the details about the festival. The guest list included Vinay Kumar, DCM of Indian Embassy, Her E. W.S. Perera, Srilankan Ambassador to Nepal and top corporate clients from the business industry.</p> <p style="text-align:justify"><br /> According to the organiser, the Uttar Dakshin Food festival will continue every day for the next two weeks. </p> <p style="text-align:justify"><br /> “The exciting range of gastronomic dares from beverages, starters, main course to desserts, all hail from the Northern and Southern regions of India where we have our own culinary ways that have been curetted and refined to modern perfection for countless generations. This festival showcases favourites from Punjab, Chandrigarh, Uttrakhand, Haryana, Uttar Pradesh & Kashmir from North & Tamil Nadu, Karnataka, Kerala and Andhra Pradesh from South, in a unique elaborative menu,” reads the statement. </p> <p style="text-align:justify"><br /> Food lovers can choose from a variety of delicacies coupled with Parathas and variety of Daals vegetables with yoghurt paneer (cottage cheese) and pickles, forming the main item on the North Indian menu in the Uttar Dakshin Food festival. Similarly, the North Indian menu provides a delight for a vegetarian who often claim to not having many option to choose from at restaurant. But for those hardcore non-vegetarians, the festival offers elaborative menu suggesting scrumptious offering of Lamb. Customers can choose Aalo Methi Pudhina Sangam, baby potatoes tempered with fenugreek, mint and roasted spices along with varieties of daals. For desserts, they will be serving wide range of sweets, namely Gulab Jamun, Peetha, Parippu Pradaman, Rewdi and Kulfi among others.<br /> Fans of Dosai, Appam, Parathas, Sambhar and varieties of Biryanis like Tomato rice, curd rice and sambar rice can choose from the south Indian menu which contains foods with brilliant blend of flavors colors, seasonal, nutritional balance, fragrance, and visual appeal. Also chutneys from the south, made out of ingredients including tomato, rice, tamarind and peanuts, are very popular.</p> <p style="text-align:justify"><br /> The four-course a la carte menu comprising wide ranges from soup, starters, main course and desserts, with the perfect amalgamation of fundamental ingredients and cooking techniques delivering authentic Indian style and flavor. From Attu Kari Melagu Fry (Mutton Chunks Smoked dry with black pepper and spices), Vembanandan Konju Masala (Fresh water Prawn cooked in mild coconut broth), Avial (seasonal vegetable cooked in cumin and coconut paste, there are many more exotic dishes to choose from. </p> <p style="text-align:justify"><br /> “Continuing the tradition of giving its guest a delicious treat of north and South Indian delicacies, the Uttar Dakshin Food Festival will continue for two weeks,” informs the organiser. <br /> .</p> <p> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4102', 'image' => '20160826124031_solatee.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4268', 'article_category_id' => '1', 'title' => 'Jagadamba Cement's Festive Scheme', 'sub_title' => '', 'summary' => 'August 26: : Jagadamba Cement has announced ‘Jagadamba Cement Ko Saugat, Khaali Hunna Haat’ scheme on the occasion of upcoming festive season. Issuing a pre', 'content' => '<p style="text-align:justify">August 26: : Jagadamba Cement has announced ‘Jagadamba Cement Ko Saugat, Khaali Hunna Haat’ scheme targeting the upcoming festive season. <br /> Issuing a press statement, the company informed that customers will receive a scratch coupon on purchase of every 50 sacks of Jagadamba cement under the scheme. </p> <p style="text-align:justify"><br /> Moreover , customers will get chance to win various prizes including motorcycle, iPhone, iPad, TV, refrigerator, vacuum cleaner, microwave oven, rice cooker, fan, iron, watch and cash prizes. “Every coupon is guaranteed to include a prize,” reads the statement.</p> <p> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4101', 'image' => '20160826111937_jag.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4267', 'article_category_id' => '1', 'title' => 'NEPSE Forwards Auction Trading Draft to SEBON ', 'sub_title' => '', 'summary' => 'August 25: The long pending auction trading might soon start in the sole stock market of the country as demanded by stakeholders. In this regard, Nepal Stock Exchange (NEPSE) has forwarded its draft o', 'content' => '<p style="text-align:justify">August 25: The long pending auction trading might soon start in the sole stock market of the country as demanded by stakeholders. In this regard, Nepal Stock Exchange (NEPSE) has forwarded its draft on auction-trading to the Securities Board of Nepal (SEBON) for approval on Tuesday, August 23. </p> <p style="text-align:justify">NEPSE informed that the legal door for auction trading will opened after SEBON approves the draft. “The draft has been formulated in order to provide assurance to the investors on clearing and settlements of share transactions,” said NEPSE. Under the action trading, share broker companies can trade shares from auction market if demand and supply in the share market get imbalanced. Particularly, if the supply of shares falls short to the demand in the stock market then, brokers can meet the demand through auction bidding from auction market. </p> <p style="text-align:justify"><br /> Similarly, NEPSE has also prepared trade guarantee fund by laws that was demanded by the general investors since long period. NEPSE informed that the fund is being formulated in a bid to allow clearing and settlement process even when the buyers fail to meet their obligation of payments. However, as the draft for fund operation has not been prepared till date, member brokers will have to wait some time to utilise the fund. “The fund could be established and operated only after the board approves the bylaws and required work plan is formulated,” said a broker. </p> <p style="text-align:justify"><br /> Likewise, NEPSE has also forwarded securities listing bylaws to the SEBON on Tuesday. According to the NEPSE, it has formulated the new version of securities listing bylaws in a bid to make it updated with the time. NEPSE claims that the implementation of the draft and bylaws after approval will further ease and effectual the Nepali stock market. </p> <p> </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4100', 'image' => '20160825042109_auction trading final.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4266', 'article_category_id' => '1', 'title' => 'Shanker Group Launches Rhino 500 D in the Market', 'sub_title' => '', 'summary' => 'August 25: Jagdamba Steels, a flagship company of Shanker Group, has launched its new product ‘Rhino Steel Rebar in Fe 500D grade’ in the Nepali market. Issuing a press statement, the company informed that the newly launched Rhino 500D is a new generation high-strength and ductile ribbed reinforcement bar. It is different fro', 'content' => '<p style="text-align:justify">August 25: Jagdamba Steels, a flagship company of Shanker Group, has launched its new product ‘Rhino Steel Rebar in Fe 500D grade’ in the Nepali market. Issuing a press statement, the company informed that the newly launched Rhino 500D is a new generation high-strength and ductile ribbed reinforcement bar. It is different from other normal rebars in its method of manufacturing, combination of both physical and chemical properties.</p> <p style="text-align:justify">According to the statement, Rhino Steel Rebar in grade Fe 500D comes with a combined restriction of impurities like sulphur and phosphorous to a maximum of 0.075 per cent, which ensures higher strength and ductility in the rebar.</p> <p style="text-align:justify">“Jagadamba Steel has introduced Rhino 500D high ductile steel rebar to cater to the big challenge of safe and earthquake-resistant construction,” said Shahil Agrawal, Managing Director of the Shankar Group at the launching program. “With the higher ductility and strength, Rhino 500D Rebar is ideally suitable for application in Nepal, considering the high seismic risk potential. It is highly recommended for applications in construction ranging from small individual houses to large infrastructure projects and is ideally suitable for high-rise buildings, bridges, flyovers and dams, foundation of wind turbines, industrial structures, concrete roads, underground structures such as tunnels, and thermal and hydroelectric power stations,” informed the company.</p> <p style="text-align:justify">The company claims that raw materials are imported exclusively from world class steel companies like Tata Steel, Jindal Steel, IISCO and SAIL to ensure high quality of the products.</p> <p style="text-align:justify">Rhino 500D Rebars are available in sizes of 8mm and up to 32mm through exclusive retail points. It will also be available in 36mm and 40mm as per customary or project requirements. “Each rebar is supplied in a fixed length of 12 metres to ensure standard processing and thereby causing less wastage during fabrication. All the products from Jagadamba Steels are manufactured in state-of-the-art automated plants with a prime focus on maintaining the highest standards in quality and make. For this, the company follows a stringent three-level process of controlled raw materials, controlled production process and controlled parameters,” reads the statement.</p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4099', 'image' => '20160825025009_jagadamba_DSC3282.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4265', 'article_category_id' => '1', 'title' => 'National Co-operative Bank Earns Profit of Rs 220 million', 'sub_title' => '', 'summary' => 'August 25: National Co-operative Bank has earned Rs 229.5 million profit in the FY 2072/73. The bank had earned Rs 179 million profit in the previous FY. With the paid-u', 'content' => '<p>August 25: National Co-operative Bank has earned Rs 229.5 million profit in the FY 2072/73. The bank had earned Rs 179 million profit in the previous FY. With the paid-up capital of Rs 768.2 million, the bank has collected Rs 11.83 billion deposit and extended loans of Rs 7.63 billion. The bank has Rs 223.5 million in its reserve fund. Presently, the bank is providing its services through 37 branches to the customers of 75 districts. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4098', 'image' => '20160825013010_rasriya.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4264', 'article_category_id' => '1', 'title' => 'Pachimanchal Finance to Provide 15 % Bonus Share', 'sub_title' => '', 'summary' => 'August 25: Pachimanchal Finance Company has decided to provide 15 percent bonus share to its shareholders. The decision is taken by the 20th annual general meeting of the company at Rupandeh', 'content' => '<p>August 25: Pachimanchal Finance Company has decided to provide 15 percent bonus share to its shareholders. The decision is taken by the 20<sup>th</sup> annual general meeting of the company at Rupandehi. After the bonus share distribution, the paid-up capital of the company will reach Rs 309.03 million.</p> <p>In the AGM, Gopal Bahadur Pokharel, Chairman of the BOD of the Finance presented the annual report of the company. The company succeeded to earn Rs 441.5 million operating profit in the FY 2071/72. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4097', 'image' => '20160825010518_pachi.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4263', 'article_category_id' => '1', 'title' => 'United Modi’s IPO Receives ICRA 3 Rating ', 'sub_title' => '', 'summary' => 'August 25: ICRA Nepal has granted Grade 3 rating to the IPO to be issued by United Modi Hydropower. The grade 3 rating indicates weak fundamentals aspects of the company. United Modi will issue', 'content' => '<p style="text-align:justify">August 25: ICRA Nepal has granted Grade 3 rating to the IPO to be issued by United Modi Hydropower. The grade 3 rating indicates weak fundamentals aspects of the company.</p> <p style="text-align:justify">United Modi will issue 2,875,000 units of general shares to the public priced at Rs 100. Among the total numbers of shares, the company has allocated 1,150,000 shares to the locals of affected areas. Remaining 1,725,000 units of shares will be issue for general investors. NIBL Capital Market has been appointed as issue manager by the company. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4096', 'image' => '20160825123216_UNITED MODI.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4262', 'article_category_id' => '1', 'title' => 'Deposit of Commercial Banks Increase 23%', 'sub_title' => '', 'summary' => 'August 25: The banking sector of the country has expanded in higher rate in the last FY contradicting with a sluggish economy. It is apparent from the increased size of the deposits collected by commercial banks that also indicates the overall structure of the banking system. During the last FY, the comm', 'content' => '<p>August 25: The banking sector of the country has expanded in higher rate in the last FY contradicting with a sluggish economy. It is apparent from the increased size of the deposits collected by commercial banks that also indicates the overall structure of the banking system. During the last FY, the commercial banks has collected 23 percent more deposit compared to the previous FY whereas the country’s economic growth rate has contracted to below 1 percent. </p> <p>The total deposits collected by the commercial banks during the previous FY 2071/72 were Rs 1454 billion which has increased to Rs 1789 billion in the last FY. Such deposits have increased by 9.5 percent after mid-April only. By the mid-April, the commercial banks had collected total deposit of Rs 1633 billion.</p> <p> <br /> The deposit collections of the commercial banks have increased significantly after the devastating earthquake of the last year. The banks had launched various schemes attracting the depositors during the period. Moreover, customers deposited their savings in the bank due to security reasons after the earthquake. Furthermore, increase in deposits of the banks is also attributed to the narrow investable sector in the economy. </p> <p><br /> However, analyst opined that the bank deposits have diverted to the bullish share market of the recent time.</p> <p><br /> In the last FY, government owned Rastriya Banijya Bank has collected the highest amount as deposits of Rs 146 billion which is 17.70 percent increase than the previous FY. During the previous FY, the bank had collected Rs 124 billion deposit. Similarly, Nabil Bank comes second with Rs 110 billion deposits collection which is 5.78 percent growth compared to the previous FY. </p> <p><br /> Although Rastriya Banijya Bank has collected more deposit in terms of amount, NMB bank has logged the highest growth. During the period, the bank increased its deposit collection by 76 percent to Rs 64.78 billion.</p> <p><br /> Meanwhile, Janata Bank comes at the bottom in terms of deposit collection. The bank has collected Rs 24.06 billion total deposits. </p> <p> </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4095', 'image' => '20160826105906_naba.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4261', 'article_category_id' => '1', 'title' => 'Mahindra Unveiling Premium Motorcycle in NADA Auto Show', 'sub_title' => '', 'summary' => 'August 24: Mahindra Two Wheelers announced of unveiling a new 300cc motorcycle in Nepal. Issuing a press statement, it has been informed that the motorcycle is a flagship model of the Mahindra which has a unique and a sharp impactful design, with which Mahindra Two Wheelers aims to create a distinct identity for the premium motorcycle brand in Nepal. According to ', 'content' => '<p>August 24: Mahindra Two Wheelers announced of unveiling a new 300cc motorcycle in Nepal. Issuing a press statement, it has been informed that the motorcycle is a flagship model of the Mahindra which has a unique and a sharp impactful design, with which Mahindra Two Wheelers aims to create a distinct identity for the premium motorcycle brand in Nepal.</p> <p>According to the statement, the bike will be launched in Nepal during the NADA Auto Show and is set to be the first ever international launch accomplished through NADA Auto Show. “Seasoned riders and Bike-experts, Sarath Shenoy and Daniel Derrick, will be riding all the way from Pune to Nepal on this bike, after being flagged off by Mr. P.S. Ashok (Senior Vice-President, R & D) on 23rd August. They will reach Kathmandu on 29th August, 2016 after travelling through the checkpoints at Indore, Jhansi, Lucknow, Gorakhpur and Narayanghat, thereby covering a total distance 1200Kms (approx),” reads the statement.</p> <p>The company informed that the bike was designed after extensive research into the needs and requirements of new age motorcycle enthusiasts. The bike amalgamates Mahindra’s bold predator styling and unparalleled performance along with other factors such as being bold, tough and masculine. Mahindra believes the bike will appeal to motorcycle enthusiasts in Nepal as it will be seen as an extension of their personality. </p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4094', 'image' => '20160824052507_mojo.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4260', 'article_category_id' => '1', 'title' => 'New Dell Inspiron Series Unveiled', 'sub_title' => '', 'summary' => 'August 24: Dell has launched two new laptops under its Inspiron series in Nepali market. The product was launched by Ahad Haq, Country Manager, Rest of Asia Pacific (ROAP) and country representatives amid a program held at Hotel Annapurna on August 24. The newly launched devices are Inspiron 13 5000 2-in-1 and Ins', 'content' => '<p style="text-align:justify">August 24: Dell has launched two new laptops under its Inspiron series in Nepali market. The product was launched by Ahad Haq, Country Manager, Rest of Asia Pacific (ROAP) and country representatives amid a program held at Hotel Annapurna on August 24. The newly launched devices are Inspiron 13 5000 2-in-1 and Inspiron 15 5000 laptop.</p> <p style="text-align:justify">“The new devices are available with a wide range of processor options and configurable features, enabling students, families and users looking for great value to connect, learn and achieve more,” informs the company in a press statement. “With our new Inspiron devices, customers can work where they need to and play when they want to,” said Haq. “Our customers inspire us and we keep on innovating for them,” he added.</p> <p style="text-align:justify">Inspiron 13 5000 2-in-1 comes with SSDs, backlight keyboard and infrared camera. It sports up to 16 GB of dual channel DDR4 memory; FHD display and True-life LED-backlit touch display. Similarly, Inspiron 15 5000 boasts beautiful design with brilliant color. It comes with vibrant display suitable for families sharing PC, optional infrared camera (available on the 15’’ FHD touch Intel/AMD models) with Windows Hello feature. For scalability and storage, a DVD drive and optional Blu-ray writer can be added.</p> <p style="text-align:justify">The new products will be available in the market within 7-8 weeks. We are working closely to fix the prices of the devices and will annouce very soon, said a company representative.</p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4093', 'image' => '20160824044655_dell.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4259', 'article_category_id' => '1', 'title' => 'Prabhu Bank to Provide Loan Against Academic Certificate', 'sub_title' => '', 'summary' => 'August 24: Prabhu bank has started providing education loans against academic certificates to engineering students of Kathmandu Engineering College (KEC). Ashok Sherchan, Chief Executive Officer of the Prabhu Bank and Rajendra Shakya, Managing Director of the Kathmandu engineering College signed the agreement on be', 'content' => '<p style="text-align:justify">August 24: Prabhu bank has started providing education loans against academic certificates to engineering students of Kathmandu Engineering College (KEC). Ashok Sherchan, Chief Executive Officer of the Prabhu Bank and Rajendra Shakya, Managing Director of the Kathmandu engineering College signed the agreement on behalf of their respective organisations. As per the agreement, the bank will lend up to Rs 300,000 to the students studying Bachelor of Engineering (BE) programme in KEC. The students who are interested to take loans against their certificates should submit the actual certificates from the School Leaving Certificate to the higher levels to the bank. Similarly, the loan has to be cleared within 4 years as per the loan repayment schedule provided by the bank. After clearing the loans, the students can get back their certificates.</p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4092', 'image' => '20160824043925_prabhu.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4258', 'article_category_id' => '1', 'title' => 'Galaxy Public School in 'Real School of Nepal' Finals', 'sub_title' => '', 'summary' => 'August 24: Galaxy Public School has been qualified for the final competition of 8th regional 'Real School of Nepal 2016' held in Kathmandu.', 'content' => '<p style="text-align:justify">August 24: Galaxy Public School has been qualified for the final competition of 8th regional 'Real School of Nepal 2016' held in Kathmandu.</p> <p style="text-align:justify">The competition was organised by dividing the students into junior and senior categories. In the senior section, Simon Adhikari of Vidhya Sanskar Higher Secondary School bagged the winner in extempore contest. Meanwhile, Sararthath Neupane of Kathmandu International School and Sidhhartha Bhandari of Galaxy school won dance competition and football juggling contest respectively.</p> <p style="text-align:justify">Likewise, in junior section Sudha Poudel belonging to Nepal Police H.S. School bagged the winner in painting competition. Meanwhile, Kiran Tamang of Reliance International Academy and Abhaya Rai of Sewa Sadan English School won 'Three minute to fame' and score the real goal contest respectively, reads the press statement.</p> <p style="text-align:justify">According to the press statement, another regional final under Kathmandu region will be held on Monday, August 29. </p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4091', 'image' => '20160824013621_dabur nepal.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4272', 'article_category_id' => '1', 'title' => 'Panchakanya Group Organises Blood Donation Program', 'sub_title' => '', 'summary' => 'August 28: Panchakanya Group has organised blood donation program on the occasion of 'Panchakanya Diwas 2073' as a part of its corporate social responsibility. The company organised the program with the collaboration of Nepal Red cross Society and Central Blood Transfusion Service.', 'content' => '<p style="text-align: justify;">August 28: Panchakanya Group has organised blood donation program on the occasion of 'Panchakanya Diwas 2073' as a part of its corporate social responsibility. The company organised the program with the collaboration of Nepal Red cross Society and Central Blood Transfusion Service.</p> <p style="text-align: justify;"><br /> According to the organiser, 44 people including directors and employees of the group donated their blood in the program. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-08-28', 'modified' => '2016-08-28', 'keywords' => '', 'description' => '', 'sortorder' => '4105', 'image' => '20160828112526_bd.jpg', 'article_date' => '2016-08-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4271', 'article_category_id' => '1', 'title' => 'WB's USD 55mn for Strengthening Strategic Roads and Bridges', 'sub_title' => '', 'summary' => 'August 26: The World Bank today approved a credit of USD 55 million for Nepal to scale up its Road Sector Development Program (RSDP) and address post-earthquake reconstruction needs.', 'content' => '<p>August 26: The World Bank today approved a credit of USD 55 million for Nepal to scale up its Road Sector Development Program (RSDP) and address post-earthquake reconstruction needs. Issuing a press statement the bank said that the loan includes the strengthening of the country’s strategic road and bridge networks to withstand future seismic and climate vulnerabilities. </p> <p>The additional financing will top up World Bank support to the RSDP which has been ongoing since 2008. “When it began, the project intended to provide residents in10 beneficiary districts, including the poorest,in the mid-western and far-western regions of Nepal with all-season road connectivity, reduced travel time, and improvements in access to economic centers and social services,” reads the statement. As per the bank, 25 more districts stand to benefit from the maintenance of earthquake-affected bridges with the additional financing. The original 10 district will also continue to benefit from road upgrading, slope stabilization and bridge works.</p> <p>“The Road Sector Development Project has been the cornerstone of our support to Nepal’s strategic roads network for nearly a decade,” said Takuya Kamata, World Bank Country Manager for Nepal. “While the primary focus has been to develop connectivity in the poorest and remotest regions of the country, the 2015 earthquakes highlighted the need to improve the resilience of key roads and bridges to future natural shocks.”</p> <p>RSDP currently serves a population of two million in 10 districts in the mid-western and far-western regions of Nepal. The project will serve another 10.2 million Nepalis following the maintenance of earthquake affected bridges in the 25 additional districts. The bridges that will undergo maintenance in these districts provide connectivity along the Birgunj-Narayanghat-Mugling-Kathmandu corridor which carries the vast majority of freight into and out of Kathmandu and Pokhara. This corridor is among Nepal’s most vital infrastructure assets for supporting economic growth and development.</p> <p>“Nepal’s hills and mountains are susceptible to extreme precipitation, earthquake, and landslides that can result in severed connectivity, loss of life, and damage to property,” said Farhad Ahmed, Task Team Leader for the project. “Robust construction, better maintenance and improvements in the capacity to respond will help Nepal adapt to unforeseen events.”</p> <p> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-28', 'keywords' => '', 'description' => '', 'sortorder' => '4104', 'image' => '20160826061916_logo_worldbank.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4270', 'article_category_id' => '1', 'title' => 'NT Importing Telecom Devices worth Rs 2.5 Billion', 'sub_title' => '', 'summary' => 'August 26: Nepal Telecom (NT) has obtained the maximum number of recommendations for the import of telecommunication devices during the FY 2072/73. Nepal Telecommunication Authority (NTA) has recommended Rs 2.50 billion above to NT for the import of devices. NT had received Rs 2.58 billion worth of recomme', 'content' => '<p style="text-align: justify;">August 26: Nepal Telecom (NT) has obtained the maximum number of recommendations for the import of telecommunication devices during the FY 2072/73. Nepal Telecommunication Authority (NTA) has recommended Rs 2.50 billion above to NT for the import of devices. NT had received Rs 2.58 billion worth of recommendations for the same purpose during the last FY. The amount is 91 percent of the total amount provided to import telecom devices.</p> <p style="text-align: justify;">NTA provides recommendations for importing devices to telecom service providers in a bid to operate, expand and improve their services. Such recommendations are provided by NTA to Nepal Rastra Bank through Ministry of Information and Communication. NTA has provided recommendations worth Rs 2.832 billion to import telecommunication devices which is nearly Rs 1 billion less than the previous FY. During the FY 2071/72, NTA had provided recommendation worth Rs 3.820 billion for the import of devices. In the last FY, six different companies including NT, Ncell and UTL obtained the recommendations to import the telecom devices.</p> <p style="text-align: justify;">Although, the regulator recommends billions for the import of telecommunication devices, it is indefinite that the devices have been imported. NTA has not been able to inspect the imported devices by the telecom companies other than NT. According to Achyutananda Mishra, Assistant Spokesperson of the NTA, it lacks required manpower for inspection. </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4103', 'image' => '20160826020043_ntc.JPG', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4269', 'article_category_id' => '1', 'title' => 'Uttar Dakshin Food Festival at Soaltee Crowne Plaza', 'sub_title' => '', 'summary' => 'August 26: Soaltee Crown Plaza is organising ‘Uttar Dakshin Food festival’ at Kakori restaurant for the third time. Issuing a press statement, the organiser informed th', 'content' => '<p style="text-align:justify">August 26: Soaltee Crown Plaza is organising ‘Uttar Dakshin Food festival’ at Kakori restaurant for the third time. Issuing a press statement, the organiser informed that H.E. Shri Ranjit Rae, Indian Ambassador to Nepal inaugurated the “Uttar Dakshin Food festival” at Kakori restaurant, Soaltee Crowne Plaza by lighting the traditional lamp, Panas, on August 14. </p> <p style="text-align:justify"><br /> During the ceremony, Prabhakar SJB Rana, Chairman of Emeritus along with Upaul Majumdar, General Manager gave some insights about the Uttar & Dakshin food cuisines and the details about the festival. The guest list included Vinay Kumar, DCM of Indian Embassy, Her E. W.S. Perera, Srilankan Ambassador to Nepal and top corporate clients from the business industry.</p> <p style="text-align:justify"><br /> According to the organiser, the Uttar Dakshin Food festival will continue every day for the next two weeks. </p> <p style="text-align:justify"><br /> “The exciting range of gastronomic dares from beverages, starters, main course to desserts, all hail from the Northern and Southern regions of India where we have our own culinary ways that have been curetted and refined to modern perfection for countless generations. This festival showcases favourites from Punjab, Chandrigarh, Uttrakhand, Haryana, Uttar Pradesh & Kashmir from North & Tamil Nadu, Karnataka, Kerala and Andhra Pradesh from South, in a unique elaborative menu,” reads the statement. </p> <p style="text-align:justify"><br /> Food lovers can choose from a variety of delicacies coupled with Parathas and variety of Daals vegetables with yoghurt paneer (cottage cheese) and pickles, forming the main item on the North Indian menu in the Uttar Dakshin Food festival. Similarly, the North Indian menu provides a delight for a vegetarian who often claim to not having many option to choose from at restaurant. But for those hardcore non-vegetarians, the festival offers elaborative menu suggesting scrumptious offering of Lamb. Customers can choose Aalo Methi Pudhina Sangam, baby potatoes tempered with fenugreek, mint and roasted spices along with varieties of daals. For desserts, they will be serving wide range of sweets, namely Gulab Jamun, Peetha, Parippu Pradaman, Rewdi and Kulfi among others.<br /> Fans of Dosai, Appam, Parathas, Sambhar and varieties of Biryanis like Tomato rice, curd rice and sambar rice can choose from the south Indian menu which contains foods with brilliant blend of flavors colors, seasonal, nutritional balance, fragrance, and visual appeal. Also chutneys from the south, made out of ingredients including tomato, rice, tamarind and peanuts, are very popular.</p> <p style="text-align:justify"><br /> The four-course a la carte menu comprising wide ranges from soup, starters, main course and desserts, with the perfect amalgamation of fundamental ingredients and cooking techniques delivering authentic Indian style and flavor. From Attu Kari Melagu Fry (Mutton Chunks Smoked dry with black pepper and spices), Vembanandan Konju Masala (Fresh water Prawn cooked in mild coconut broth), Avial (seasonal vegetable cooked in cumin and coconut paste, there are many more exotic dishes to choose from. </p> <p style="text-align:justify"><br /> “Continuing the tradition of giving its guest a delicious treat of north and South Indian delicacies, the Uttar Dakshin Food Festival will continue for two weeks,” informs the organiser. <br /> .</p> <p> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4102', 'image' => '20160826124031_solatee.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4268', 'article_category_id' => '1', 'title' => 'Jagadamba Cement's Festive Scheme', 'sub_title' => '', 'summary' => 'August 26: : Jagadamba Cement has announced ‘Jagadamba Cement Ko Saugat, Khaali Hunna Haat’ scheme on the occasion of upcoming festive season. Issuing a pre', 'content' => '<p style="text-align:justify">August 26: : Jagadamba Cement has announced ‘Jagadamba Cement Ko Saugat, Khaali Hunna Haat’ scheme targeting the upcoming festive season. <br /> Issuing a press statement, the company informed that customers will receive a scratch coupon on purchase of every 50 sacks of Jagadamba cement under the scheme. </p> <p style="text-align:justify"><br /> Moreover , customers will get chance to win various prizes including motorcycle, iPhone, iPad, TV, refrigerator, vacuum cleaner, microwave oven, rice cooker, fan, iron, watch and cash prizes. “Every coupon is guaranteed to include a prize,” reads the statement.</p> <p> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4101', 'image' => '20160826111937_jag.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4267', 'article_category_id' => '1', 'title' => 'NEPSE Forwards Auction Trading Draft to SEBON ', 'sub_title' => '', 'summary' => 'August 25: The long pending auction trading might soon start in the sole stock market of the country as demanded by stakeholders. In this regard, Nepal Stock Exchange (NEPSE) has forwarded its draft o', 'content' => '<p style="text-align:justify">August 25: The long pending auction trading might soon start in the sole stock market of the country as demanded by stakeholders. In this regard, Nepal Stock Exchange (NEPSE) has forwarded its draft on auction-trading to the Securities Board of Nepal (SEBON) for approval on Tuesday, August 23. </p> <p style="text-align:justify">NEPSE informed that the legal door for auction trading will opened after SEBON approves the draft. “The draft has been formulated in order to provide assurance to the investors on clearing and settlements of share transactions,” said NEPSE. Under the action trading, share broker companies can trade shares from auction market if demand and supply in the share market get imbalanced. Particularly, if the supply of shares falls short to the demand in the stock market then, brokers can meet the demand through auction bidding from auction market. </p> <p style="text-align:justify"><br /> Similarly, NEPSE has also prepared trade guarantee fund by laws that was demanded by the general investors since long period. NEPSE informed that the fund is being formulated in a bid to allow clearing and settlement process even when the buyers fail to meet their obligation of payments. However, as the draft for fund operation has not been prepared till date, member brokers will have to wait some time to utilise the fund. “The fund could be established and operated only after the board approves the bylaws and required work plan is formulated,” said a broker. </p> <p style="text-align:justify"><br /> Likewise, NEPSE has also forwarded securities listing bylaws to the SEBON on Tuesday. According to the NEPSE, it has formulated the new version of securities listing bylaws in a bid to make it updated with the time. NEPSE claims that the implementation of the draft and bylaws after approval will further ease and effectual the Nepali stock market. </p> <p> </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4100', 'image' => '20160825042109_auction trading final.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4266', 'article_category_id' => '1', 'title' => 'Shanker Group Launches Rhino 500 D in the Market', 'sub_title' => '', 'summary' => 'August 25: Jagdamba Steels, a flagship company of Shanker Group, has launched its new product ‘Rhino Steel Rebar in Fe 500D grade’ in the Nepali market. Issuing a press statement, the company informed that the newly launched Rhino 500D is a new generation high-strength and ductile ribbed reinforcement bar. It is different fro', 'content' => '<p style="text-align:justify">August 25: Jagdamba Steels, a flagship company of Shanker Group, has launched its new product ‘Rhino Steel Rebar in Fe 500D grade’ in the Nepali market. Issuing a press statement, the company informed that the newly launched Rhino 500D is a new generation high-strength and ductile ribbed reinforcement bar. It is different from other normal rebars in its method of manufacturing, combination of both physical and chemical properties.</p> <p style="text-align:justify">According to the statement, Rhino Steel Rebar in grade Fe 500D comes with a combined restriction of impurities like sulphur and phosphorous to a maximum of 0.075 per cent, which ensures higher strength and ductility in the rebar.</p> <p style="text-align:justify">“Jagadamba Steel has introduced Rhino 500D high ductile steel rebar to cater to the big challenge of safe and earthquake-resistant construction,” said Shahil Agrawal, Managing Director of the Shankar Group at the launching program. “With the higher ductility and strength, Rhino 500D Rebar is ideally suitable for application in Nepal, considering the high seismic risk potential. It is highly recommended for applications in construction ranging from small individual houses to large infrastructure projects and is ideally suitable for high-rise buildings, bridges, flyovers and dams, foundation of wind turbines, industrial structures, concrete roads, underground structures such as tunnels, and thermal and hydroelectric power stations,” informed the company.</p> <p style="text-align:justify">The company claims that raw materials are imported exclusively from world class steel companies like Tata Steel, Jindal Steel, IISCO and SAIL to ensure high quality of the products.</p> <p style="text-align:justify">Rhino 500D Rebars are available in sizes of 8mm and up to 32mm through exclusive retail points. It will also be available in 36mm and 40mm as per customary or project requirements. “Each rebar is supplied in a fixed length of 12 metres to ensure standard processing and thereby causing less wastage during fabrication. All the products from Jagadamba Steels are manufactured in state-of-the-art automated plants with a prime focus on maintaining the highest standards in quality and make. For this, the company follows a stringent three-level process of controlled raw materials, controlled production process and controlled parameters,” reads the statement.</p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4099', 'image' => '20160825025009_jagadamba_DSC3282.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4265', 'article_category_id' => '1', 'title' => 'National Co-operative Bank Earns Profit of Rs 220 million', 'sub_title' => '', 'summary' => 'August 25: National Co-operative Bank has earned Rs 229.5 million profit in the FY 2072/73. The bank had earned Rs 179 million profit in the previous FY. With the paid-u', 'content' => '<p>August 25: National Co-operative Bank has earned Rs 229.5 million profit in the FY 2072/73. The bank had earned Rs 179 million profit in the previous FY. With the paid-up capital of Rs 768.2 million, the bank has collected Rs 11.83 billion deposit and extended loans of Rs 7.63 billion. The bank has Rs 223.5 million in its reserve fund. Presently, the bank is providing its services through 37 branches to the customers of 75 districts. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4098', 'image' => '20160825013010_rasriya.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4264', 'article_category_id' => '1', 'title' => 'Pachimanchal Finance to Provide 15 % Bonus Share', 'sub_title' => '', 'summary' => 'August 25: Pachimanchal Finance Company has decided to provide 15 percent bonus share to its shareholders. The decision is taken by the 20th annual general meeting of the company at Rupandeh', 'content' => '<p>August 25: Pachimanchal Finance Company has decided to provide 15 percent bonus share to its shareholders. The decision is taken by the 20<sup>th</sup> annual general meeting of the company at Rupandehi. After the bonus share distribution, the paid-up capital of the company will reach Rs 309.03 million.</p> <p>In the AGM, Gopal Bahadur Pokharel, Chairman of the BOD of the Finance presented the annual report of the company. The company succeeded to earn Rs 441.5 million operating profit in the FY 2071/72. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4097', 'image' => '20160825010518_pachi.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4263', 'article_category_id' => '1', 'title' => 'United Modi’s IPO Receives ICRA 3 Rating ', 'sub_title' => '', 'summary' => 'August 25: ICRA Nepal has granted Grade 3 rating to the IPO to be issued by United Modi Hydropower. The grade 3 rating indicates weak fundamentals aspects of the company. United Modi will issue', 'content' => '<p style="text-align:justify">August 25: ICRA Nepal has granted Grade 3 rating to the IPO to be issued by United Modi Hydropower. The grade 3 rating indicates weak fundamentals aspects of the company.</p> <p style="text-align:justify">United Modi will issue 2,875,000 units of general shares to the public priced at Rs 100. Among the total numbers of shares, the company has allocated 1,150,000 shares to the locals of affected areas. Remaining 1,725,000 units of shares will be issue for general investors. NIBL Capital Market has been appointed as issue manager by the company. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4096', 'image' => '20160825123216_UNITED MODI.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4262', 'article_category_id' => '1', 'title' => 'Deposit of Commercial Banks Increase 23%', 'sub_title' => '', 'summary' => 'August 25: The banking sector of the country has expanded in higher rate in the last FY contradicting with a sluggish economy. It is apparent from the increased size of the deposits collected by commercial banks that also indicates the overall structure of the banking system. During the last FY, the comm', 'content' => '<p>August 25: The banking sector of the country has expanded in higher rate in the last FY contradicting with a sluggish economy. It is apparent from the increased size of the deposits collected by commercial banks that also indicates the overall structure of the banking system. During the last FY, the commercial banks has collected 23 percent more deposit compared to the previous FY whereas the country’s economic growth rate has contracted to below 1 percent. </p> <p>The total deposits collected by the commercial banks during the previous FY 2071/72 were Rs 1454 billion which has increased to Rs 1789 billion in the last FY. Such deposits have increased by 9.5 percent after mid-April only. By the mid-April, the commercial banks had collected total deposit of Rs 1633 billion.</p> <p> <br /> The deposit collections of the commercial banks have increased significantly after the devastating earthquake of the last year. The banks had launched various schemes attracting the depositors during the period. Moreover, customers deposited their savings in the bank due to security reasons after the earthquake. Furthermore, increase in deposits of the banks is also attributed to the narrow investable sector in the economy. </p> <p><br /> However, analyst opined that the bank deposits have diverted to the bullish share market of the recent time.</p> <p><br /> In the last FY, government owned Rastriya Banijya Bank has collected the highest amount as deposits of Rs 146 billion which is 17.70 percent increase than the previous FY. During the previous FY, the bank had collected Rs 124 billion deposit. Similarly, Nabil Bank comes second with Rs 110 billion deposits collection which is 5.78 percent growth compared to the previous FY. </p> <p><br /> Although Rastriya Banijya Bank has collected more deposit in terms of amount, NMB bank has logged the highest growth. During the period, the bank increased its deposit collection by 76 percent to Rs 64.78 billion.</p> <p><br /> Meanwhile, Janata Bank comes at the bottom in terms of deposit collection. The bank has collected Rs 24.06 billion total deposits. </p> <p> </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4095', 'image' => '20160826105906_naba.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4261', 'article_category_id' => '1', 'title' => 'Mahindra Unveiling Premium Motorcycle in NADA Auto Show', 'sub_title' => '', 'summary' => 'August 24: Mahindra Two Wheelers announced of unveiling a new 300cc motorcycle in Nepal. Issuing a press statement, it has been informed that the motorcycle is a flagship model of the Mahindra which has a unique and a sharp impactful design, with which Mahindra Two Wheelers aims to create a distinct identity for the premium motorcycle brand in Nepal. According to ', 'content' => '<p>August 24: Mahindra Two Wheelers announced of unveiling a new 300cc motorcycle in Nepal. Issuing a press statement, it has been informed that the motorcycle is a flagship model of the Mahindra which has a unique and a sharp impactful design, with which Mahindra Two Wheelers aims to create a distinct identity for the premium motorcycle brand in Nepal.</p> <p>According to the statement, the bike will be launched in Nepal during the NADA Auto Show and is set to be the first ever international launch accomplished through NADA Auto Show. “Seasoned riders and Bike-experts, Sarath Shenoy and Daniel Derrick, will be riding all the way from Pune to Nepal on this bike, after being flagged off by Mr. P.S. Ashok (Senior Vice-President, R & D) on 23rd August. They will reach Kathmandu on 29th August, 2016 after travelling through the checkpoints at Indore, Jhansi, Lucknow, Gorakhpur and Narayanghat, thereby covering a total distance 1200Kms (approx),” reads the statement.</p> <p>The company informed that the bike was designed after extensive research into the needs and requirements of new age motorcycle enthusiasts. The bike amalgamates Mahindra’s bold predator styling and unparalleled performance along with other factors such as being bold, tough and masculine. Mahindra believes the bike will appeal to motorcycle enthusiasts in Nepal as it will be seen as an extension of their personality. </p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4094', 'image' => '20160824052507_mojo.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4260', 'article_category_id' => '1', 'title' => 'New Dell Inspiron Series Unveiled', 'sub_title' => '', 'summary' => 'August 24: Dell has launched two new laptops under its Inspiron series in Nepali market. The product was launched by Ahad Haq, Country Manager, Rest of Asia Pacific (ROAP) and country representatives amid a program held at Hotel Annapurna on August 24. The newly launched devices are Inspiron 13 5000 2-in-1 and Ins', 'content' => '<p style="text-align:justify">August 24: Dell has launched two new laptops under its Inspiron series in Nepali market. The product was launched by Ahad Haq, Country Manager, Rest of Asia Pacific (ROAP) and country representatives amid a program held at Hotel Annapurna on August 24. The newly launched devices are Inspiron 13 5000 2-in-1 and Inspiron 15 5000 laptop.</p> <p style="text-align:justify">“The new devices are available with a wide range of processor options and configurable features, enabling students, families and users looking for great value to connect, learn and achieve more,” informs the company in a press statement. “With our new Inspiron devices, customers can work where they need to and play when they want to,” said Haq. “Our customers inspire us and we keep on innovating for them,” he added.</p> <p style="text-align:justify">Inspiron 13 5000 2-in-1 comes with SSDs, backlight keyboard and infrared camera. It sports up to 16 GB of dual channel DDR4 memory; FHD display and True-life LED-backlit touch display. Similarly, Inspiron 15 5000 boasts beautiful design with brilliant color. It comes with vibrant display suitable for families sharing PC, optional infrared camera (available on the 15’’ FHD touch Intel/AMD models) with Windows Hello feature. For scalability and storage, a DVD drive and optional Blu-ray writer can be added.</p> <p style="text-align:justify">The new products will be available in the market within 7-8 weeks. We are working closely to fix the prices of the devices and will annouce very soon, said a company representative.</p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4093', 'image' => '20160824044655_dell.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4259', 'article_category_id' => '1', 'title' => 'Prabhu Bank to Provide Loan Against Academic Certificate', 'sub_title' => '', 'summary' => 'August 24: Prabhu bank has started providing education loans against academic certificates to engineering students of Kathmandu Engineering College (KEC). Ashok Sherchan, Chief Executive Officer of the Prabhu Bank and Rajendra Shakya, Managing Director of the Kathmandu engineering College signed the agreement on be', 'content' => '<p style="text-align:justify">August 24: Prabhu bank has started providing education loans against academic certificates to engineering students of Kathmandu Engineering College (KEC). Ashok Sherchan, Chief Executive Officer of the Prabhu Bank and Rajendra Shakya, Managing Director of the Kathmandu engineering College signed the agreement on behalf of their respective organisations. As per the agreement, the bank will lend up to Rs 300,000 to the students studying Bachelor of Engineering (BE) programme in KEC. The students who are interested to take loans against their certificates should submit the actual certificates from the School Leaving Certificate to the higher levels to the bank. Similarly, the loan has to be cleared within 4 years as per the loan repayment schedule provided by the bank. After clearing the loans, the students can get back their certificates.</p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4092', 'image' => '20160824043925_prabhu.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4258', 'article_category_id' => '1', 'title' => 'Galaxy Public School in 'Real School of Nepal' Finals', 'sub_title' => '', 'summary' => 'August 24: Galaxy Public School has been qualified for the final competition of 8th regional 'Real School of Nepal 2016' held in Kathmandu.', 'content' => '<p style="text-align:justify">August 24: Galaxy Public School has been qualified for the final competition of 8th regional 'Real School of Nepal 2016' held in Kathmandu.</p> <p style="text-align:justify">The competition was organised by dividing the students into junior and senior categories. In the senior section, Simon Adhikari of Vidhya Sanskar Higher Secondary School bagged the winner in extempore contest. Meanwhile, Sararthath Neupane of Kathmandu International School and Sidhhartha Bhandari of Galaxy school won dance competition and football juggling contest respectively.</p> <p style="text-align:justify">Likewise, in junior section Sudha Poudel belonging to Nepal Police H.S. School bagged the winner in painting competition. Meanwhile, Kiran Tamang of Reliance International Academy and Abhaya Rai of Sewa Sadan English School won 'Three minute to fame' and score the real goal contest respectively, reads the press statement.</p> <p style="text-align:justify">According to the press statement, another regional final under Kathmandu region will be held on Monday, August 29. </p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4091', 'image' => '20160824013621_dabur nepal.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]file not found!Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '4272', 'article_category_id' => '1', 'title' => 'Panchakanya Group Organises Blood Donation Program', 'sub_title' => '', 'summary' => 'August 28: Panchakanya Group has organised blood donation program on the occasion of 'Panchakanya Diwas 2073' as a part of its corporate social responsibility. The company organised the program with the collaboration of Nepal Red cross Society and Central Blood Transfusion Service.', 'content' => '<p style="text-align: justify;">August 28: Panchakanya Group has organised blood donation program on the occasion of 'Panchakanya Diwas 2073' as a part of its corporate social responsibility. The company organised the program with the collaboration of Nepal Red cross Society and Central Blood Transfusion Service.</p> <p style="text-align: justify;"><br /> According to the organiser, 44 people including directors and employees of the group donated their blood in the program. </p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-08-28', 'modified' => '2016-08-28', 'keywords' => '', 'description' => '', 'sortorder' => '4105', 'image' => '20160828112526_bd.jpg', 'article_date' => '2016-08-28 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 1 => array( 'Article' => array( 'id' => '4271', 'article_category_id' => '1', 'title' => 'WB's USD 55mn for Strengthening Strategic Roads and Bridges', 'sub_title' => '', 'summary' => 'August 26: The World Bank today approved a credit of USD 55 million for Nepal to scale up its Road Sector Development Program (RSDP) and address post-earthquake reconstruction needs.', 'content' => '<p>August 26: The World Bank today approved a credit of USD 55 million for Nepal to scale up its Road Sector Development Program (RSDP) and address post-earthquake reconstruction needs. Issuing a press statement the bank said that the loan includes the strengthening of the country’s strategic road and bridge networks to withstand future seismic and climate vulnerabilities. </p> <p>The additional financing will top up World Bank support to the RSDP which has been ongoing since 2008. “When it began, the project intended to provide residents in10 beneficiary districts, including the poorest,in the mid-western and far-western regions of Nepal with all-season road connectivity, reduced travel time, and improvements in access to economic centers and social services,” reads the statement. As per the bank, 25 more districts stand to benefit from the maintenance of earthquake-affected bridges with the additional financing. The original 10 district will also continue to benefit from road upgrading, slope stabilization and bridge works.</p> <p>“The Road Sector Development Project has been the cornerstone of our support to Nepal’s strategic roads network for nearly a decade,” said Takuya Kamata, World Bank Country Manager for Nepal. “While the primary focus has been to develop connectivity in the poorest and remotest regions of the country, the 2015 earthquakes highlighted the need to improve the resilience of key roads and bridges to future natural shocks.”</p> <p>RSDP currently serves a population of two million in 10 districts in the mid-western and far-western regions of Nepal. The project will serve another 10.2 million Nepalis following the maintenance of earthquake affected bridges in the 25 additional districts. The bridges that will undergo maintenance in these districts provide connectivity along the Birgunj-Narayanghat-Mugling-Kathmandu corridor which carries the vast majority of freight into and out of Kathmandu and Pokhara. This corridor is among Nepal’s most vital infrastructure assets for supporting economic growth and development.</p> <p>“Nepal’s hills and mountains are susceptible to extreme precipitation, earthquake, and landslides that can result in severed connectivity, loss of life, and damage to property,” said Farhad Ahmed, Task Team Leader for the project. “Robust construction, better maintenance and improvements in the capacity to respond will help Nepal adapt to unforeseen events.”</p> <p> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-28', 'keywords' => '', 'description' => '', 'sortorder' => '4104', 'image' => '20160826061916_logo_worldbank.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 2 => array( 'Article' => array( 'id' => '4270', 'article_category_id' => '1', 'title' => 'NT Importing Telecom Devices worth Rs 2.5 Billion', 'sub_title' => '', 'summary' => 'August 26: Nepal Telecom (NT) has obtained the maximum number of recommendations for the import of telecommunication devices during the FY 2072/73. Nepal Telecommunication Authority (NTA) has recommended Rs 2.50 billion above to NT for the import of devices. NT had received Rs 2.58 billion worth of recomme', 'content' => '<p style="text-align: justify;">August 26: Nepal Telecom (NT) has obtained the maximum number of recommendations for the import of telecommunication devices during the FY 2072/73. Nepal Telecommunication Authority (NTA) has recommended Rs 2.50 billion above to NT for the import of devices. NT had received Rs 2.58 billion worth of recommendations for the same purpose during the last FY. The amount is 91 percent of the total amount provided to import telecom devices.</p> <p style="text-align: justify;">NTA provides recommendations for importing devices to telecom service providers in a bid to operate, expand and improve their services. Such recommendations are provided by NTA to Nepal Rastra Bank through Ministry of Information and Communication. NTA has provided recommendations worth Rs 2.832 billion to import telecommunication devices which is nearly Rs 1 billion less than the previous FY. During the FY 2071/72, NTA had provided recommendation worth Rs 3.820 billion for the import of devices. In the last FY, six different companies including NT, Ncell and UTL obtained the recommendations to import the telecom devices.</p> <p style="text-align: justify;">Although, the regulator recommends billions for the import of telecommunication devices, it is indefinite that the devices have been imported. NTA has not been able to inspect the imported devices by the telecom companies other than NT. According to Achyutananda Mishra, Assistant Spokesperson of the NTA, it lacks required manpower for inspection. </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4103', 'image' => '20160826020043_ntc.JPG', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 3 => array( 'Article' => array( 'id' => '4269', 'article_category_id' => '1', 'title' => 'Uttar Dakshin Food Festival at Soaltee Crowne Plaza', 'sub_title' => '', 'summary' => 'August 26: Soaltee Crown Plaza is organising ‘Uttar Dakshin Food festival’ at Kakori restaurant for the third time. Issuing a press statement, the organiser informed th', 'content' => '<p style="text-align:justify">August 26: Soaltee Crown Plaza is organising ‘Uttar Dakshin Food festival’ at Kakori restaurant for the third time. Issuing a press statement, the organiser informed that H.E. Shri Ranjit Rae, Indian Ambassador to Nepal inaugurated the “Uttar Dakshin Food festival” at Kakori restaurant, Soaltee Crowne Plaza by lighting the traditional lamp, Panas, on August 14. </p> <p style="text-align:justify"><br /> During the ceremony, Prabhakar SJB Rana, Chairman of Emeritus along with Upaul Majumdar, General Manager gave some insights about the Uttar & Dakshin food cuisines and the details about the festival. The guest list included Vinay Kumar, DCM of Indian Embassy, Her E. W.S. Perera, Srilankan Ambassador to Nepal and top corporate clients from the business industry.</p> <p style="text-align:justify"><br /> According to the organiser, the Uttar Dakshin Food festival will continue every day for the next two weeks. </p> <p style="text-align:justify"><br /> “The exciting range of gastronomic dares from beverages, starters, main course to desserts, all hail from the Northern and Southern regions of India where we have our own culinary ways that have been curetted and refined to modern perfection for countless generations. This festival showcases favourites from Punjab, Chandrigarh, Uttrakhand, Haryana, Uttar Pradesh & Kashmir from North & Tamil Nadu, Karnataka, Kerala and Andhra Pradesh from South, in a unique elaborative menu,” reads the statement. </p> <p style="text-align:justify"><br /> Food lovers can choose from a variety of delicacies coupled with Parathas and variety of Daals vegetables with yoghurt paneer (cottage cheese) and pickles, forming the main item on the North Indian menu in the Uttar Dakshin Food festival. Similarly, the North Indian menu provides a delight for a vegetarian who often claim to not having many option to choose from at restaurant. But for those hardcore non-vegetarians, the festival offers elaborative menu suggesting scrumptious offering of Lamb. Customers can choose Aalo Methi Pudhina Sangam, baby potatoes tempered with fenugreek, mint and roasted spices along with varieties of daals. For desserts, they will be serving wide range of sweets, namely Gulab Jamun, Peetha, Parippu Pradaman, Rewdi and Kulfi among others.<br /> Fans of Dosai, Appam, Parathas, Sambhar and varieties of Biryanis like Tomato rice, curd rice and sambar rice can choose from the south Indian menu which contains foods with brilliant blend of flavors colors, seasonal, nutritional balance, fragrance, and visual appeal. Also chutneys from the south, made out of ingredients including tomato, rice, tamarind and peanuts, are very popular.</p> <p style="text-align:justify"><br /> The four-course a la carte menu comprising wide ranges from soup, starters, main course and desserts, with the perfect amalgamation of fundamental ingredients and cooking techniques delivering authentic Indian style and flavor. From Attu Kari Melagu Fry (Mutton Chunks Smoked dry with black pepper and spices), Vembanandan Konju Masala (Fresh water Prawn cooked in mild coconut broth), Avial (seasonal vegetable cooked in cumin and coconut paste, there are many more exotic dishes to choose from. </p> <p style="text-align:justify"><br /> “Continuing the tradition of giving its guest a delicious treat of north and South Indian delicacies, the Uttar Dakshin Food Festival will continue for two weeks,” informs the organiser. <br /> .</p> <p> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4102', 'image' => '20160826124031_solatee.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 4 => array( 'Article' => array( 'id' => '4268', 'article_category_id' => '1', 'title' => 'Jagadamba Cement's Festive Scheme', 'sub_title' => '', 'summary' => 'August 26: : Jagadamba Cement has announced ‘Jagadamba Cement Ko Saugat, Khaali Hunna Haat’ scheme on the occasion of upcoming festive season. Issuing a pre', 'content' => '<p style="text-align:justify">August 26: : Jagadamba Cement has announced ‘Jagadamba Cement Ko Saugat, Khaali Hunna Haat’ scheme targeting the upcoming festive season. <br /> Issuing a press statement, the company informed that customers will receive a scratch coupon on purchase of every 50 sacks of Jagadamba cement under the scheme. </p> <p style="text-align:justify"><br /> Moreover , customers will get chance to win various prizes including motorcycle, iPhone, iPad, TV, refrigerator, vacuum cleaner, microwave oven, rice cooker, fan, iron, watch and cash prizes. “Every coupon is guaranteed to include a prize,” reads the statement.</p> <p> </p> ', 'published' => true, 'created' => '2016-08-26', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4101', 'image' => '20160826111937_jag.jpg', 'article_date' => '2016-08-26 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 5 => array( 'Article' => array( 'id' => '4267', 'article_category_id' => '1', 'title' => 'NEPSE Forwards Auction Trading Draft to SEBON ', 'sub_title' => '', 'summary' => 'August 25: The long pending auction trading might soon start in the sole stock market of the country as demanded by stakeholders. In this regard, Nepal Stock Exchange (NEPSE) has forwarded its draft o', 'content' => '<p style="text-align:justify">August 25: The long pending auction trading might soon start in the sole stock market of the country as demanded by stakeholders. In this regard, Nepal Stock Exchange (NEPSE) has forwarded its draft on auction-trading to the Securities Board of Nepal (SEBON) for approval on Tuesday, August 23. </p> <p style="text-align:justify">NEPSE informed that the legal door for auction trading will opened after SEBON approves the draft. “The draft has been formulated in order to provide assurance to the investors on clearing and settlements of share transactions,” said NEPSE. Under the action trading, share broker companies can trade shares from auction market if demand and supply in the share market get imbalanced. Particularly, if the supply of shares falls short to the demand in the stock market then, brokers can meet the demand through auction bidding from auction market. </p> <p style="text-align:justify"><br /> Similarly, NEPSE has also prepared trade guarantee fund by laws that was demanded by the general investors since long period. NEPSE informed that the fund is being formulated in a bid to allow clearing and settlement process even when the buyers fail to meet their obligation of payments. However, as the draft for fund operation has not been prepared till date, member brokers will have to wait some time to utilise the fund. “The fund could be established and operated only after the board approves the bylaws and required work plan is formulated,” said a broker. </p> <p style="text-align:justify"><br /> Likewise, NEPSE has also forwarded securities listing bylaws to the SEBON on Tuesday. According to the NEPSE, it has formulated the new version of securities listing bylaws in a bid to make it updated with the time. NEPSE claims that the implementation of the draft and bylaws after approval will further ease and effectual the Nepali stock market. </p> <p> </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4100', 'image' => '20160825042109_auction trading final.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 6 => array( 'Article' => array( 'id' => '4266', 'article_category_id' => '1', 'title' => 'Shanker Group Launches Rhino 500 D in the Market', 'sub_title' => '', 'summary' => 'August 25: Jagdamba Steels, a flagship company of Shanker Group, has launched its new product ‘Rhino Steel Rebar in Fe 500D grade’ in the Nepali market. Issuing a press statement, the company informed that the newly launched Rhino 500D is a new generation high-strength and ductile ribbed reinforcement bar. It is different fro', 'content' => '<p style="text-align:justify">August 25: Jagdamba Steels, a flagship company of Shanker Group, has launched its new product ‘Rhino Steel Rebar in Fe 500D grade’ in the Nepali market. Issuing a press statement, the company informed that the newly launched Rhino 500D is a new generation high-strength and ductile ribbed reinforcement bar. It is different from other normal rebars in its method of manufacturing, combination of both physical and chemical properties.</p> <p style="text-align:justify">According to the statement, Rhino Steel Rebar in grade Fe 500D comes with a combined restriction of impurities like sulphur and phosphorous to a maximum of 0.075 per cent, which ensures higher strength and ductility in the rebar.</p> <p style="text-align:justify">“Jagadamba Steel has introduced Rhino 500D high ductile steel rebar to cater to the big challenge of safe and earthquake-resistant construction,” said Shahil Agrawal, Managing Director of the Shankar Group at the launching program. “With the higher ductility and strength, Rhino 500D Rebar is ideally suitable for application in Nepal, considering the high seismic risk potential. It is highly recommended for applications in construction ranging from small individual houses to large infrastructure projects and is ideally suitable for high-rise buildings, bridges, flyovers and dams, foundation of wind turbines, industrial structures, concrete roads, underground structures such as tunnels, and thermal and hydroelectric power stations,” informed the company.</p> <p style="text-align:justify">The company claims that raw materials are imported exclusively from world class steel companies like Tata Steel, Jindal Steel, IISCO and SAIL to ensure high quality of the products.</p> <p style="text-align:justify">Rhino 500D Rebars are available in sizes of 8mm and up to 32mm through exclusive retail points. It will also be available in 36mm and 40mm as per customary or project requirements. “Each rebar is supplied in a fixed length of 12 metres to ensure standard processing and thereby causing less wastage during fabrication. All the products from Jagadamba Steels are manufactured in state-of-the-art automated plants with a prime focus on maintaining the highest standards in quality and make. For this, the company follows a stringent three-level process of controlled raw materials, controlled production process and controlled parameters,” reads the statement.</p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4099', 'image' => '20160825025009_jagadamba_DSC3282.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 7 => array( 'Article' => array( 'id' => '4265', 'article_category_id' => '1', 'title' => 'National Co-operative Bank Earns Profit of Rs 220 million', 'sub_title' => '', 'summary' => 'August 25: National Co-operative Bank has earned Rs 229.5 million profit in the FY 2072/73. The bank had earned Rs 179 million profit in the previous FY. With the paid-u', 'content' => '<p>August 25: National Co-operative Bank has earned Rs 229.5 million profit in the FY 2072/73. The bank had earned Rs 179 million profit in the previous FY. With the paid-up capital of Rs 768.2 million, the bank has collected Rs 11.83 billion deposit and extended loans of Rs 7.63 billion. The bank has Rs 223.5 million in its reserve fund. Presently, the bank is providing its services through 37 branches to the customers of 75 districts. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4098', 'image' => '20160825013010_rasriya.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 8 => array( 'Article' => array( 'id' => '4264', 'article_category_id' => '1', 'title' => 'Pachimanchal Finance to Provide 15 % Bonus Share', 'sub_title' => '', 'summary' => 'August 25: Pachimanchal Finance Company has decided to provide 15 percent bonus share to its shareholders. The decision is taken by the 20th annual general meeting of the company at Rupandeh', 'content' => '<p>August 25: Pachimanchal Finance Company has decided to provide 15 percent bonus share to its shareholders. The decision is taken by the 20<sup>th</sup> annual general meeting of the company at Rupandehi. After the bonus share distribution, the paid-up capital of the company will reach Rs 309.03 million.</p> <p>In the AGM, Gopal Bahadur Pokharel, Chairman of the BOD of the Finance presented the annual report of the company. The company succeeded to earn Rs 441.5 million operating profit in the FY 2071/72. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4097', 'image' => '20160825010518_pachi.jpg', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 9 => array( 'Article' => array( 'id' => '4263', 'article_category_id' => '1', 'title' => 'United Modi’s IPO Receives ICRA 3 Rating ', 'sub_title' => '', 'summary' => 'August 25: ICRA Nepal has granted Grade 3 rating to the IPO to be issued by United Modi Hydropower. The grade 3 rating indicates weak fundamentals aspects of the company. United Modi will issue', 'content' => '<p style="text-align:justify">August 25: ICRA Nepal has granted Grade 3 rating to the IPO to be issued by United Modi Hydropower. The grade 3 rating indicates weak fundamentals aspects of the company.</p> <p style="text-align:justify">United Modi will issue 2,875,000 units of general shares to the public priced at Rs 100. Among the total numbers of shares, the company has allocated 1,150,000 shares to the locals of affected areas. Remaining 1,725,000 units of shares will be issue for general investors. NIBL Capital Market has been appointed as issue manager by the company. </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-25', 'keywords' => '', 'description' => '', 'sortorder' => '4096', 'image' => '20160825123216_UNITED MODI.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 10 => array( 'Article' => array( 'id' => '4262', 'article_category_id' => '1', 'title' => 'Deposit of Commercial Banks Increase 23%', 'sub_title' => '', 'summary' => 'August 25: The banking sector of the country has expanded in higher rate in the last FY contradicting with a sluggish economy. It is apparent from the increased size of the deposits collected by commercial banks that also indicates the overall structure of the banking system. During the last FY, the comm', 'content' => '<p>August 25: The banking sector of the country has expanded in higher rate in the last FY contradicting with a sluggish economy. It is apparent from the increased size of the deposits collected by commercial banks that also indicates the overall structure of the banking system. During the last FY, the commercial banks has collected 23 percent more deposit compared to the previous FY whereas the country’s economic growth rate has contracted to below 1 percent. </p> <p>The total deposits collected by the commercial banks during the previous FY 2071/72 were Rs 1454 billion which has increased to Rs 1789 billion in the last FY. Such deposits have increased by 9.5 percent after mid-April only. By the mid-April, the commercial banks had collected total deposit of Rs 1633 billion.</p> <p> <br /> The deposit collections of the commercial banks have increased significantly after the devastating earthquake of the last year. The banks had launched various schemes attracting the depositors during the period. Moreover, customers deposited their savings in the bank due to security reasons after the earthquake. Furthermore, increase in deposits of the banks is also attributed to the narrow investable sector in the economy. </p> <p><br /> However, analyst opined that the bank deposits have diverted to the bullish share market of the recent time.</p> <p><br /> In the last FY, government owned Rastriya Banijya Bank has collected the highest amount as deposits of Rs 146 billion which is 17.70 percent increase than the previous FY. During the previous FY, the bank had collected Rs 124 billion deposit. Similarly, Nabil Bank comes second with Rs 110 billion deposits collection which is 5.78 percent growth compared to the previous FY. </p> <p><br /> Although Rastriya Banijya Bank has collected more deposit in terms of amount, NMB bank has logged the highest growth. During the period, the bank increased its deposit collection by 76 percent to Rs 64.78 billion.</p> <p><br /> Meanwhile, Janata Bank comes at the bottom in terms of deposit collection. The bank has collected Rs 24.06 billion total deposits. </p> <p> </p> ', 'published' => true, 'created' => '2016-08-25', 'modified' => '2016-08-26', 'keywords' => '', 'description' => '', 'sortorder' => '4095', 'image' => '20160826105906_naba.JPG', 'article_date' => '2016-08-25 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 11 => array( 'Article' => array( 'id' => '4261', 'article_category_id' => '1', 'title' => 'Mahindra Unveiling Premium Motorcycle in NADA Auto Show', 'sub_title' => '', 'summary' => 'August 24: Mahindra Two Wheelers announced of unveiling a new 300cc motorcycle in Nepal. Issuing a press statement, it has been informed that the motorcycle is a flagship model of the Mahindra which has a unique and a sharp impactful design, with which Mahindra Two Wheelers aims to create a distinct identity for the premium motorcycle brand in Nepal. According to ', 'content' => '<p>August 24: Mahindra Two Wheelers announced of unveiling a new 300cc motorcycle in Nepal. Issuing a press statement, it has been informed that the motorcycle is a flagship model of the Mahindra which has a unique and a sharp impactful design, with which Mahindra Two Wheelers aims to create a distinct identity for the premium motorcycle brand in Nepal.</p> <p>According to the statement, the bike will be launched in Nepal during the NADA Auto Show and is set to be the first ever international launch accomplished through NADA Auto Show. “Seasoned riders and Bike-experts, Sarath Shenoy and Daniel Derrick, will be riding all the way from Pune to Nepal on this bike, after being flagged off by Mr. P.S. Ashok (Senior Vice-President, R & D) on 23rd August. They will reach Kathmandu on 29th August, 2016 after travelling through the checkpoints at Indore, Jhansi, Lucknow, Gorakhpur and Narayanghat, thereby covering a total distance 1200Kms (approx),” reads the statement.</p> <p>The company informed that the bike was designed after extensive research into the needs and requirements of new age motorcycle enthusiasts. The bike amalgamates Mahindra’s bold predator styling and unparalleled performance along with other factors such as being bold, tough and masculine. Mahindra believes the bike will appeal to motorcycle enthusiasts in Nepal as it will be seen as an extension of their personality. </p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4094', 'image' => '20160824052507_mojo.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '4260', 'article_category_id' => '1', 'title' => 'New Dell Inspiron Series Unveiled', 'sub_title' => '', 'summary' => 'August 24: Dell has launched two new laptops under its Inspiron series in Nepali market. The product was launched by Ahad Haq, Country Manager, Rest of Asia Pacific (ROAP) and country representatives amid a program held at Hotel Annapurna on August 24. The newly launched devices are Inspiron 13 5000 2-in-1 and Ins', 'content' => '<p style="text-align:justify">August 24: Dell has launched two new laptops under its Inspiron series in Nepali market. The product was launched by Ahad Haq, Country Manager, Rest of Asia Pacific (ROAP) and country representatives amid a program held at Hotel Annapurna on August 24. The newly launched devices are Inspiron 13 5000 2-in-1 and Inspiron 15 5000 laptop.</p> <p style="text-align:justify">“The new devices are available with a wide range of processor options and configurable features, enabling students, families and users looking for great value to connect, learn and achieve more,” informs the company in a press statement. “With our new Inspiron devices, customers can work where they need to and play when they want to,” said Haq. “Our customers inspire us and we keep on innovating for them,” he added.</p> <p style="text-align:justify">Inspiron 13 5000 2-in-1 comes with SSDs, backlight keyboard and infrared camera. It sports up to 16 GB of dual channel DDR4 memory; FHD display and True-life LED-backlit touch display. Similarly, Inspiron 15 5000 boasts beautiful design with brilliant color. It comes with vibrant display suitable for families sharing PC, optional infrared camera (available on the 15’’ FHD touch Intel/AMD models) with Windows Hello feature. For scalability and storage, a DVD drive and optional Blu-ray writer can be added.</p> <p style="text-align:justify">The new products will be available in the market within 7-8 weeks. We are working closely to fix the prices of the devices and will annouce very soon, said a company representative.</p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4093', 'image' => '20160824044655_dell.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '4259', 'article_category_id' => '1', 'title' => 'Prabhu Bank to Provide Loan Against Academic Certificate', 'sub_title' => '', 'summary' => 'August 24: Prabhu bank has started providing education loans against academic certificates to engineering students of Kathmandu Engineering College (KEC). Ashok Sherchan, Chief Executive Officer of the Prabhu Bank and Rajendra Shakya, Managing Director of the Kathmandu engineering College signed the agreement on be', 'content' => '<p style="text-align:justify">August 24: Prabhu bank has started providing education loans against academic certificates to engineering students of Kathmandu Engineering College (KEC). Ashok Sherchan, Chief Executive Officer of the Prabhu Bank and Rajendra Shakya, Managing Director of the Kathmandu engineering College signed the agreement on behalf of their respective organisations. As per the agreement, the bank will lend up to Rs 300,000 to the students studying Bachelor of Engineering (BE) programme in KEC. The students who are interested to take loans against their certificates should submit the actual certificates from the School Leaving Certificate to the higher levels to the bank. Similarly, the loan has to be cleared within 4 years as per the loan repayment schedule provided by the bank. After clearing the loans, the students can get back their certificates.</p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4092', 'image' => '20160824043925_prabhu.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '4258', 'article_category_id' => '1', 'title' => 'Galaxy Public School in 'Real School of Nepal' Finals', 'sub_title' => '', 'summary' => 'August 24: Galaxy Public School has been qualified for the final competition of 8th regional 'Real School of Nepal 2016' held in Kathmandu.', 'content' => '<p style="text-align:justify">August 24: Galaxy Public School has been qualified for the final competition of 8th regional 'Real School of Nepal 2016' held in Kathmandu.</p> <p style="text-align:justify">The competition was organised by dividing the students into junior and senior categories. In the senior section, Simon Adhikari of Vidhya Sanskar Higher Secondary School bagged the winner in extempore contest. Meanwhile, Sararthath Neupane of Kathmandu International School and Sidhhartha Bhandari of Galaxy school won dance competition and football juggling contest respectively.</p> <p style="text-align:justify">Likewise, in junior section Sudha Poudel belonging to Nepal Police H.S. School bagged the winner in painting competition. Meanwhile, Kiran Tamang of Reliance International Academy and Abhaya Rai of Sewa Sadan English School won 'Three minute to fame' and score the real goal contest respectively, reads the press statement.</p> <p style="text-align:justify">According to the press statement, another regional final under Kathmandu region will be held on Monday, August 29. </p> ', 'published' => true, 'created' => '2016-08-24', 'modified' => '2016-08-24', 'keywords' => '', 'description' => '', 'sortorder' => '4091', 'image' => '20160824013621_dabur nepal.jpg', 'article_date' => '2016-08-24 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
